Memorandum on Balance of Payments and Foreign Trade Balances

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Imp. des presses universitaires de France, Paris, 1924 - Balance of trade
 

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Page 95 - HAWAII Pan-Pacific Union, HONOLULU. HONDURAS Libreria Viuda de Lines, SAN JOSE DE COSTA RICA. HUNGARY Ferdinand Pfeifer (Zeidler Bros.), Kossuth Lajos Utca, 7 SZ., BUDAPEST, IV, Ker. INDIA Oxford University Press, BOMBAY, MADRAS and CALCUTTA.
Page 95 - International Library, Place de la Constitution. Athens. GUATEMALA. — J. Humberto Ayestas, Libreria Cervantes, 100, Calle Oriente No. 5, Guatemala. HAWAII. — Pan-Pacific Union, Honolulu. For...
Page 35 - Balance of Payments Statistics of the League of Nations Committee of Statisical Experts, Geneva: United Nations, 1947, p. 13. comment concerned the nature and measurement of the surplus or deficit of the balance of payments. Very different interpretations are frequently given to the terms 'negative' or 'positive' balance of payments— or the equivalent more popular and misleading expressions 'unfavourable' or 'favourable' balance. An uncovered balance cannot exist. To every debtor there is a corresponding...
Page 9 - Interest payable on foreign capital in United States . . . 100 Freight payable on imports. . 64 Immigrants1 remittances and European relief 400 American tourists...
Page 15 - December 31, 1922, our imports of gold exceeded our exports by $795,000,000. But even this huge amount was not enough to pay for foreign purchases of our goods. Consequently they have sold us securities — in 1919, mainly American securities that they had retained from before the war; in 1920, mainly foreign securities originally issued abroad. New foreign securities issued in this market, although enormous in volume, did not exceed maturities until 1921, but have been the most important form of...
Page 9 - Outward or debit movements (imports) : Capital items. New foreign bond issues in United States (excluding refunding loans) 637 Foreign securities issued abroad but sold to United States 926 American securities formerly held abroad, sold to.United States 34 Current invisible items.
Page 9 - OF DOLLARS. Inward or credit movements (exports) : Capital items — Foreign loans matured and paid 78 Foreign securities resold abroad 189 American securities sold abroad 61 Current invisible Items — Governmental receipts from foreign nations...
Page 5 - It [the Assembly] hopes that the study of the various questions connected with the stabilisation of currencies, and in particular that of the foreign trade balance and balance of payment of various States, which is an essential element of the problem, will be actively pressed forward so as to lead to the publication of reports which will throw light on this question, which is one of urgent importance.
Page 12 - SECURITIES ISSUED IN THE UNITED STATES IN 1922 BY FOREIGN CORPORATIONS AND AMERICAN CORPORATIONS WHOSE PRINCIPAL BUSINESS is CONDUCTED ABROAD.

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