chapter  X
20 Pages

INTERNATIONAL TRADE

THAT population trends have a bearing on international trade is a fact which has been fairly widely realized. Thus the author not infrequently came across arguments of this type in Australia: “Now that Britain’s population is about to become stationary or even to decline, we cannot expect any great increase in the absorptive capacity of the British market; Australia should concentrate on developing outlets for her products in the expanding markets of the East.” The discussion, seems, however, always to stop at this or some similar point; we are provided with some interesting fragments, but a comprehensive analysis is not attempted.