International Trade Financial Documentary - Heidi Sager
Description
Vocal Characteristics
Language
EnglishVoice Age
Middle Aged (35-54)Accents
North American (General)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
in the beginnings of international trade, the older countries exchange their products for the raw materials and food produced by the new ones. Then, as immigrants from the old countries go out into the new ones, they want to be supplied with the comforts and appliances of the older civilizations, such as to take an obvious example. Railways. But as the productions of the new countries at the early stage of development do not suffice to pay for all the material on machinery needed for building railways, they borrow in effect, these materials in the expectation that the railways will open out there resource is enable them to put more land under the plough and bring more stuff to the seaboard to be exchanged for the products of Europe.