Good And Bad Trade An Inquiry Into the Causes of Trade Fluctuations
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In our eReader you can find the full English version of the book. Read Good And Bad Trade An Inquiry Into the Causes of Trade Fluctuations Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Good And Bad Trade An Inquiry Into the Causes of Trade Fluctuations
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To quickly assess the difficulty of the text, read a short excerpt:
Incidentally the importation of gold also stimulates domestic trade, so that the good harvest reacts favour- ably for the time being on the general state of trade in the country. But the contrary effect is experienced when the gold is sent abroad again later on and prices return to their old level.
Just as an exceptionally good harvest necessitates the import of gold, so will an exceptionally poor harvest lead to the export of gold. And, of course, if pro- duction is checked or stimulated in an...y other way the effect is the same. For example, a prolonged labour dispute will diminish the financial needs of the industry affected. The industry will not be in a position to under- take new orders (which would involve new borrowings), and though loans already obtained for existing orders will in many cases have to be in part renewed, the employers will not be paying their usual weekly wages bills ; they will, on the whole, be able to diminish materially their outstanding indebtedness, and will draw much less cash than usual against their current accounts.
What to read after Good And Bad Trade An Inquiry Into the Causes of Trade Fluctuations?
You can find similar books in the "Read Also" column, or choose other free books by Ralph George Hawtrey to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Incidentally the importation of gold also stimulates domestic trade, so that the good harvest reacts favour- ably for the time being on the general state of trade in the country. But the contrary effect is experienced when the gold is sent abroad again later on and prices return to their old level.
Just as an exceptionally good harvest necessitates the import of gold, so will an exceptionally poor harvest lead to the export of gold. And, of course, if pro- duction is checked or stimulated in an...y other way the effect is the same. For example, a prolonged labour dispute will diminish the financial needs of the industry affected. The industry will not be in a position to under- take new orders (which would involve new borrowings), and though loans already obtained for existing orders will in many cases have to be in part renewed, the employers will not be paying their usual weekly wages bills ; they will, on the whole, be able to diminish materially their outstanding indebtedness, and will draw much less cash than usual against their current accounts.
What to read after Good And Bad Trade An Inquiry Into the Causes of Trade Fluctuations?
You can find similar books in the "Read Also" column, or choose other free books by Ralph George Hawtrey to read onlineMoreLess
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