The Indemnity and Its Effects on Trade: A Memorandum Prepared by the New Commerce for the British National Committee (Classic Reprint) by International Chamber Of CommerceThe Indemnity and Its Effects on Trade: A Memorandum Prepared by the New Commerce for the British National Committee (Classic Reprint) by International Chamber Of Commerce

The Indemnity and Its Effects on Trade: A Memorandum Prepared by the New Commerce for the British…

byInternational Chamber Of Commerce

Paperback | October 16, 2018

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Excerpt from The Indemnity and Its Effects on Trade: A Memorandum Prepared by the New Commerce for the British National Committee

What goods Great Britain would require from Germany could not easily be estimated beforehand, because her demand for extra goods would arise from the remission of taxation attending the receipt of reparations, and-might be divided into a great variety of small items. If the Chancellor of the Exchequer budgets for {50 millions from Germany, he can raise £50 millions less from the British public in taxation. The £50 millions which would have gone in taxes could be used by this public in buying extra German exports, the sale of which enables Germany to pay the aforesaid £50 millions reparations to Britain.

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Title:The Indemnity and Its Effects on Trade: A Memorandum Prepared by the New Commerce for the British…Format:PaperbackDimensions:22 pages, 9 × 6 × 0.05 inPublished:October 16, 2018Publisher:FB&C LtdLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0243297734

ISBN - 13:9780243297733

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