Foreign Crops And Markets, Vol. 33: November 16, 1936 (Classic Reprint)
Excerpt from Foreign Crops and Markets, Vol. 33: November 16, 1936The outstanding recent development in Europe, the devaluation of currencies, had little effect on wheat - trade prospects, taken as a Whole. It was evident that the buying power for wheat in the respective countries would not be impaired by the currency moves: first, because the resultant increase in the internal price can be obviat...
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d by a reduction in import tariffs, such as has been decreed in Italy; second, becuse the currency devaluations seemed more likely to stimulate and raise general purchasing power than to diminish it. Technical but only temporary obstacles to continental wheat business resulted from the devaluation wave. These were considered to be of secondary significance, except for some possible effect on the volume, or at least the direction, of wheat exports from Rumania.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.