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The Present and Future of the International Trade of the United States

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  • F. W. Taussig

Abstract

I. Unexampled excess of exports during 1915–19, 1. — II. Theoretical analysis of international lending and borrowing under ordinary conditions, 2. — Peculiar conditions in United States during the war, 3. — Influx of gold and rise in prices, 5. — All the transactions in substance were within the United States, 6. — An overturn inevitable, 7. — III. New stage of international payments and trade to be expected, 8. — Tourist expenditures, 9. — Immigrants' remittances, 9. — Freight charges, 10. — Interest account, 11. — Capital account, 12. — The general outcome, 13. — IV. The probable course of prices and money incomes, theoretical analysis, 14. — Extraordinarily rapid overturn, 17. — Relation to world price level, 19. — Probable maintenance of gold standard and resumption of special payments, 20. — Conclusion, 20.

Suggested Citation

  • F. W. Taussig, 1919. "The Present and Future of the International Trade of the United States," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 34(1), pages 1-21.
    • Handle: RePEc:oup:qjecon:v:34:y:1919:i:1:p:1-21.
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    File URL: http://hdl.handle.net/10.2307/1884487
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