Inheriting the Earth; Or, the Geographical Factor in National Development
Inheriting the Earth; Or, the Geographical Factor in National Development
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^ Flanders, Geoffraphioal Review, VoL IV^ No. 6, p. 431, Dec, 1017.
Digiti zed by Google 194 INHEEITING THE EARTH While the export of capital from one industrially ad- vanced state to another may afford occasion for comment on the futility of protective tariffs, foreign investment?
of this kind ordinarily give little reason for international complications. The only person who, in this situation, can be held an offender is the native investor who exports his capital and thus promotes industry ou...tside his own country. Moreover, as indicated by the figures quoted above, international investments before the war tended to balance one another. If an American capitalist estab- lished a branch factory in Germany, a Gterman syndicate's American promotion in the United States probably offset it. The element of political danger involved brought "reciprocity" of this kind into high disfavour with all the belligerent Powers, once the investigations occasioned by the Great War made evident how extensive these for- eign holdings were.
What to read after Inheriting the Earth; Or, the Geographical Factor in National Development?
You can find similar books in the "Read Also" column, or choose other free books by Oscar Diedrich Engeln to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
^ Flanders, Geoffraphioal Review, VoL IV^ No. 6, p. 431, Dec, 1017.
Digiti zed by Google 194 INHEEITING THE EARTH While the export of capital from one industrially ad- vanced state to another may afford occasion for comment on the futility of protective tariffs, foreign investment?
of this kind ordinarily give little reason for international complications. The only person who, in this situation, can be held an offender is the native investor who exports his capital and thus promotes industry ou...tside his own country. Moreover, as indicated by the figures quoted above, international investments before the war tended to balance one another. If an American capitalist estab- lished a branch factory in Germany, a Gterman syndicate's American promotion in the United States probably offset it. The element of political danger involved brought "reciprocity" of this kind into high disfavour with all the belligerent Powers, once the investigations occasioned by the Great War made evident how extensive these for- eign holdings were.
What to read after Inheriting the Earth; Or, the Geographical Factor in National Development?
You can find similar books in the "Read Also" column, or choose other free books by Oscar Diedrich Engeln to read onlineMoreLess
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