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- W2090311412 abstract "BECAUSE of the shock of the wars which for the past year have been spreading over sections of Europe and the Orient, any analysis of Latin American trade characteristics is subject to those unknown factors which result from the artificially produced economic happenings arising from armed struggles on a large scale. Previous to the autumn of 1939 it would have been possible to comment convincingly on existing conditions and probable trends. United States exports to Latin America in the six-months period September 1939 to February 1940 were 54 per cent greater than in the same period a year previous, and imports from Latin America were 32 per cent greater, according to the latest available official figures. The United States exports to all countries increased only 33 per cent and imports 27 per cent for the six-months period ended February 1940. It is doubtful that the recent rate of increase in exports to Latin America can long be maintained, unless Latin America obtains more adequate means of paying for United States purchases than it now possesses. Here, then, we have the first marked characteristic of the current Latin American foreign trade problem-the lack of dollar exchange. Since the greater part of the foreign trade of the southern republics must become inter-American commerce to an ever increasing extent, at least for the duration of the existing wars and probably for some time after peace has been restored, the most pressing question concerning the foreign trade of the South and Central American countries has to do with the creation of new purchasing power. How can this best be accomplished? The answer" @default.
- W2090311412 created "2016-06-24" @default.
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- W2090311412 date "1940-09-01" @default.
- W2090311412 modified "2023-09-24" @default.
- W2090311412 title "Latin American Foreign Trade Characteristics" @default.
- W2090311412 doi "https://doi.org/10.1177/000271624021100122" @default.
- W2090311412 hasPublicationYear "1940" @default.
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