WAR SHOCKS TO EUROPEAN COMMERCE.

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  • Author(s): Day, Clive
  • Source:
    Foreign Affairs. Jul1927, Vol. 5 Issue 4, p633-649. 17p.
  • Additional Information
    • Subject Terms:
      WORLD War I; EUROPEAN history; FRENCH economy; ECONOMIC conditions in Great Britain; TARIFF; EXPORTS; INTERNATIONAL trade
    • Abstract:
      The First World War affected the commerce of the different parts of the world, especially Europe. One feature of the British report of 1925 is the statement that tariff barriers were a less serious obstacle to British trade in 1924 than in 1914. In foreign markets, Britain must overcome the resistance of home industries, must face established competition from the United States and Japan and must increase production efficiency. In 1924, France occupied the second place among the European state in the value of its commerce. The process of repairing damage to industrial plants has been completed. French exports were largely confined to the western part of Europe. Italy showed the greatest commercial progress in the war period. The author also discusses the commerce of Austria-Hungary, Albania, Czechoslovakia and Yugoslavia.