Trade And Invisable Earnings Flashcards
1
Q
Who was the world’s leading trading nation in the 19th century?
A
Britain
2
Q
In 1914, how much percentage of goods and services produced in Britain were sold abroad?
A
30%
3
Q
How much percentage did Britain have of world trade?
A
25%
4
Q
What did Britain dominate?
A
World shipping
5
Q
What did the reliability of the Bank of England encourage?
A
A large number of countries to invest in British enterprises
6
Q
In 1913, what percent of Britain’s total wealth was in investments overseas?
A
32%
