[The Economic Consequences of the Peace by John Maynard Keynes]@TWC D-Link book
The Economic Consequences of the Peace

CHAPTER V
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(2) Machinery.

Some increase is possible.
(3) Coal and coke.

The value of Germany's net export before the war was $110,000,000; the Allies have agreed that for the time being 20,000,000 tons is the maximum possible export with a problematic (and in fact) impossible increase to 40,000,000 tons at some future time; even on the basis of 20,000,000 tons we have virtually no increase of value, measured in pre-war prices;[129] whilst, if this amount is exacted, there must be a decrease of far greater value in the export of manufactured articles requiring coal for their production.

(4) Woolen goods.

An increase is impossible without the raw wool, and, having regard to the other claims on supplies of raw wool, a decrease is likely.


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