Business & Finance: Latin-American Trade

The first conclusion reached after the disastrous crash of our overambitious plans for foreign trade in 1920, was that we had best stick to domestic trade and write our foreign efforts off as a War delusion. Yet the recent marked gain in both our imports and exports with Latin America goes to show that something substantial has survived the 1919-20 boom.

Our total trade in Latin America in 1923 amounted to $1,743,919,000—$1,030,292, in imports and $693,627, in exports. The gain over 1922 in exports was 25%, that in imports 23%.

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