ABSTRACT
The development of the whole pattern of international trade is dominated by the world - wide progress of industrialisation, which has already long since broken the almost monopolistic position of the United Kingdom as “ the workshop of the world,” and as an exporter of finished manufactures in a class by herself. Nevertheless, it is still true that world trade in finished manufactures is dominated by a relatively small number of countries—sufficiently small for their respective characteristics as exporters and their respective fortunes to be a convenient (as it is, of course, an extremely important) subject for study. This section seeks to further this study, particular attention being paid to the oldest member of the group—the United Kingdom.
