Technical Procedure in Exporting and Importing (Classic Reprint)

No one country produces within its borders all of the necessities and near-necessities essential to the welfare and happiness of its people. Each nation contributes to the vast number of raw materials and finished products consumed throughout the world, and each receives from neighbors products of the soil and of the factory which are foreign to its home industries. The United States, wealthy as it is and diversified as are its resources, also finds itself dependent on other nations for many commodities used in every day life. Coffee comes from Brazil, rubber comes from the Straits Settlements and Java, tea from China and Ceylon, hemp from Mexico and the Far East. These are only a few of the products, not indigenous to the United States, which are imported in large quantities. On the other hand, the steel products, textiles, naval stores, grain products and many other products of the United States are shipped to the four quarters of the Globe. In many instances, an article is grown or manufactured in more than one country. Competition then arises in foreign trade as it does in domestic business. Exporters must develop their foreign trade with the same care that the domestic manufacturer conducts his sales campaigns and plans to out-strip his competitors. I ndeed, competition in foreign trade is in some ways even more keen than in domestic business. Although the United States has always been prominent and active in international trade, the economic chaos resulting from the World War places added responsibilities on the American manufacturer and exporter. The United States is virtually the only nation whose resources were unimpaired by theW
(Typographical errors above are due to OCR software and don't occur in the book.)

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