Notes on Britain’s bargaining power
Britain has hitherto been the largest importer in the world. Table I shows that, in 1937, her imports were 17 per cent of the world total, and that she took no less than 30 per cent of the world’s imports of food. Her share in world imports of certain commodities was even larger — four-fifths of the world’s imports of meat and butter and half the world’s imports of eggs, cheese, and tea. Certain countries, too, depended greatly on the United Kingdom market. More than half of Denmark’s exports came to this country, over four-fifths of New Zealand’s, and over nine-tenths of the exports of Eire.
KeywordsBargaining Power Total Export Total Import World Export Important Commodity
Unable to display preview. Download preview PDF.