258 INTERNATIONAL TRADE Canada had a great excess of imports; Great Britain had the equiv- alent of an excess of exports — a marked lessening of the usual excess of imports. These contrasts, as they appear in the present chapter and in that on Canada, are familiar to the reader. We have now to observe in what way they were reflected in the barter terms of trade. All the elements in the situation might be expected to bring it about that the terms became more advantageous to the borrowing country — to Canada. The appended chart shows the direction and extent of the changes in the gross and in the net barter terms for Canada. It has been prepared in the same way as the chart for Great Britain on p. 253. The year 1900 is the base period, as it was for Great CANADA, 1900-1913. ho IA C aol __ 1900 00d 0eelo I —_— — Uy Index of gross barter terms Index of net barter terms Money wages — q13