import-export Quotes

I have never worshipped at the altar of free trade, but I've always been an advocate of free trade.

In international commerce, India is an ancient country-(19th October, 1899)

Brazil, always they buy from the United States. The first who was sell to the United States was football.

There is no intrinsic reason African countries should be importing, rather than exporting, basic staples like rice or higher value products like frozen chicken, cooking oil, or instant noodles.

Each dollar Mexico exports to the U.S. has a content of American production of 40¢.

The craft of the merchant is this bringing a thing where it abounds to where it is costly.

There should be a policy to have a mechanism in place to decide when and how to import or export.

We lived by very complex import and export policies, a very complex industrial licensing regime. Very few people could get licences, which were required right from manufacturing a pin to manufacturing a car, and generally went to people who found favour with the government.

Capitalist production does not exist at all without foreign commerce.

The rest of the world really likes our stuff pretty well. It's just we buy so damn much of what they produce.

That's not free market when companies go out and move and sell back into America. No, that's the dumb market, O.K.? That's the dumb market.

We aren't leveraging this great economic engine, the strongest economy in the world. And yet we have this totally weak response. We import $500 billion a year more in products than we export.

When America stopped importing from China, China stopped importing from the rest of the world. This affects Asian countries as well as Australia, Brazil, and other suppliers of raw materials.

When the ruble is weaker, it is easier to sell, to produce here for a cheap ruble and sell for an expensive dollar, get revenue in dollars and then exchange it for rubles and get a bigger income. This is simple.

I think harmonious relations with the U.S. would be very good for us from the economical point of view, more than in any other field, because all our industry has been established by the U.S. and primary products and repair parts that we have to make with much difficulty or to bring from other areas could come directly. And besides, sugar, which traditionally we had the American market is also near.

The popular notion is that imports are bad and exports are good.

It is not good to cut exports or imports.

There is abundant proof that the opening of our ports always tends to raise the price of foreign corn to the price in the English market, and not to sink the price of British corn to the price in the continental market.

I was in Los Angeles. I saw the biggest ships you have ever seen with cars pouring off from Japan, into Los Angeles. Just pouring off these ships, and I am saying to myself, we send them beef, it's a tiny fraction, and, by the way, they don't even want it, they have to fight in order to take it in because they don't even want it, and it's very perishable, they'll send it back, they'll find reasons not to take it. And yet the ships, the boats, the ships are loaded up with cars, thousands of cars and they are just pouring off.

India's trade deficit is because of excess of import over exports.

Now between '45 and '48, things would change enormously, 'cos we'd had credit in United States, credit from the Bank of America, credit from the Import-Export Bank and people had started working again.