International trade simple in principle. The inception of "economic nationalism" that got under way 8-10 years ago. Problems with economic nationalism. Ways in which economic nationalism caused and continued the depression. Some statistics on Canada's imports and exports. Similar statistics for the United States. Some misconceptions about imports, exports, and surplus goods. The problem of international exchange. The need to get together and stabilize the cross rate of exchange. The need to stabilize currency so that paper money can be evaluated in terms of gold. The speaker's belief that England will be one of the first countries to stabilize its currency, to set a definite value on a pound sterling and that when that happens, England will lead the way out of the present currency chaos. Also, that London will be firmly entrenched again as the financial centre of the world. The need to return to foreign trade. Some suggestions for Canada's trade.
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