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The value of foreign trade fell by 8 per cent.
What is the value of foreign trade multiplier?
The value of foreign trade fell from $10 000 million in 1929 to $3000 million in 1932.
During the 1950s and 1960s, the total value of foreign trade was only about 2 percent of the gross national product (GNP).
This exchange rate was used by the government to calculate the value of foreign trade, but foreign currency was not available to be bought and sold by private individuals.
Mr. Ciavolella also noted that the total value of foreign trade that passed through the airport and the harbor, $213 billion, far exceeded that of any other single metropolitan region in the nation.