The French International Accounts, 1880-1913 (harvard Economic Studies)

This book is a detailed examination of the French international accounts made with a view to testing and verifying the theory of international trade, especially as regards the mechanism of adjustment. In the light of this instance, the neo-classical theory is critically examined, and some necessary modifications are considered. The importance of gold movements and capital exports in the French accounts renders the analysis of special significance to students of international trade. For the historian of pre-war French economics, the specially constructed price indices and the computation and evaluation of the changing terms of trade under which France exchanged her imports for her exports, as well as the discussion of the various items entering into the balance sheet, are significant. Preface Contents List of Charts Chapter I. Introduction Part I. The International Accounts Chapter II. The commodity balance of trade Chapter III. Transportation earnings Chapter IV. Tourist expenditures, immigrant remittances, home Government expenditures in colonies Chapter V. Foreign Investments Part II. Analysis Chapter VI. Partial Balances. Merchandise Balance of Trade Chapter VII. The Mechanism of Adjustment Chapter VIII. Specie movements ,Bank discountrate , and Bank reserves Chapter IX. Paris market rates, bank portfolios, quantity of money in circulation Chapter X. Barter terms of trade Chapter XI. Barter terms of trade, continued Chapter XII. Economic effects of French Capital exports Chapter XIII. Economic effects of Capital Exports {continued) Chapter XIV. Conclusion Appendix Bibliography Index