Expanding Ecuadors Exports

Author : Charles M. Pepper
Publisher : Forgotten Books
ISBN 13 : 9781330351871
Total Pages : 43 pages
Book Rating : 4.3/5 (518 download)

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Download or read book Report on Trade Conditions in Ecuador written by Charles M. Pepper and published by Forgotten Books. This book was released on 2015-06-17 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Report on Trade Conditions in Ecuador Sir: In submitting the appended Report on Trade Conditions in Ecuador I wish to call attention to the especially favorable prospects which exist for trade with the United States. Ecuador through its geographical position will be the most directly benefited of the west coast countries.of South America by the Panama Canal, and the results of that waterway in the increased volume of commerce seeking this route are already being anticipated at Guayaquil. Fuller benefits will be secured when this wealthy port with its many natural advantages for shipping and its facilities for handling commodities of import and export is protected from the ravages of tropical epidemic diseases by placing it in line with modern scientific sanitation as has been done so successfully at Habana and Panama. An important means of developing the internal resources of the country is the American Railway extending from the coast across the Andes to the capital. With the means of transportation thus facilitated an increase of commerce should follow, and some indications of this are now apparent. The full effects in providing an outlet for Ecuadorian products and in enlarging the market for goods from abroad ultimately will be shown in the addition to the foreign trade. There is now an interchange of commodities to the approximate value of $22,000,000 annually. In the actual exchange the balance is in favor of Ecuador. The country is especially favored in the tropical agricultural exports which form the bulk of its exports, for most of them are produced in few other regions and in the face of lowered values of such staple tropical products as coffee are able to command higher prices. This is in particular true of cocoa, or chocolate, which provides more than one-half the total exports. The products imported comprise textiles, foodstuffs, railway material, electrical and other machinery in small quantities as yet, and a large variety of miscellaneous manufactured articles. The United States supplies its full share of all the imports except in textiles. The cotton piece-goods trade, once almost entirely in American hands, has passed to Manchester. Financial stability is so important an element in international trade that I have described briefly Ecuador's monetary system, which is maintained on the gold standard and facilitates commercial exchange by the safeguard it affords against violent fluctuations. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.