Foreign trade zones (or free ports)

Bibliographic data

Monograph

Identifikator:: 1801857903

URN:: urn:nbn:de:zbw-retromon-199077

Document type:: Monograph

Title:: Foreign trade zones (or free ports)

Place of publication:: Washington

Publisher:: United States Government Printing Off.

Year of publication:: 1929

Scope:: IX, 322 S; Ill., graph. Darst

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Part 1. General analysis

Collection:: Economics Books

FOREIGN TRADE ZONES 53 given in the reports of consular officers, supplemented by data from other sources, indicates that the privileges of the free zones of Europe have aided materially in bringing new business to the ports in which they are located. Ports having free deposits or zones with good ware- house accommodations have attracted imports for storage and later reshipment either to foreign territory or to the interior for domestic consumption. DEVELOPMENT OF FOREIGN TRADE IN FREE PORTS Independent of the receipt and shipment of foreign goods in the ree port is the question of its influence upon the foreign trade of the country, i. e., the imports for consumption and the domestic exports. The influence of European free ports upon such trade is of interest in considering the probable influence of free zones on the foreign trade of the United States. It is especially interesting to note that the results have varied greatly and that some free zones have apparently not exercised any important influence upon foreign trade. Consul General Letcher in his report on Copenhagen states that Danish merchants have profited to a certain extent from the trans- shipment of foreign goods to the Baltic States, particularly those in the south, but this trade has not developed in accordance with expec- tations entertained during and immediately following the war. To quote from his report, In the first place, the easy accessibility to Baltic ports of small vessels carrying 'ull cargoes from the ports of northern Europe and the rail facilities offered from central Europe leave no occasion for the use of large vessels which would break cargo at Copenhagen. The nearness of the free port of Hamburg, which has 2asy access to the Baltic through the Kiel Canal; the recent establishment of a free port at Malmo, Sweden, just across the sound from Copenhagen; rail connec- “ion between Sweden and central Europe by steam ferry between Sassnitz, Germany, and Traelleborg, Sweden; the accessibility of central Europe to the Baltie through Stettin, Danzig, and Koenigsberg, and the easy accessibility to the Baltic of light French and English craft, are factors of such importance as almost to dispose of the advantages of using the Copenhagen free port as an sntrepdt for the distribution of European goods. The United States is thus left a8 practically the only manufacturing country of capital relationship to foreign ‘rade which could advantageously use the Copenhagen free port, but the post- war establishment of a direct freight service between American and Baltic ports and the maintenance by a Danish line of a similar service through Danzig have greatly reduced the profits derivable from this source. The postwar devel- opments in Russia have likewise greatly affected the Copenhagen free port’s sxpansion.

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