WORLD TRADE
DECREASE IN GOLD VALUE DUE TO FALL IN PRICES POSITION OF NEW ZEALAND (United Press Assn.—Elec. Tel. Copyright) (Received Feb. 20, 3.15 p.m.) GENEVA. Feb. 19 The gold value of world trade in 1938 was 13.4 per cent, less than in 1937, and the net difference 9 per cent, owing to the fall in gold prices. Exports decreased by 13J per cent., Including England and Australia, 10 per cent.; New Zealand, Canada and Japan, 15 per cent. Imports decreased by 13.2 per cent., including Britain 11 per cent, Japan 29 per cent; America 35 per cent., Czechoslovakia 26 per cent. Germany increased by 11 per cent, and Russia and Australia by 4 per cent.
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Waikato Times, Volume 124, Issue 20735, 20 February 1939, Page 8
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116WORLD TRADE Waikato Times, Volume 124, Issue 20735, 20 February 1939, Page 8
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