23
X
exports (which, in view of the excess of visible imports, must be large) but there is no prima facie
reason to suppose that these "invisible" exports are
made solely, or even mainly, to China. The broad
conclusion reached, that the inter-Chinese trade
is at best of no greater importance than the non-
Chinese trade, is not likely to be vitiated by these
omissions.
X
amounting to $44,000,000, but partly offset by a
net export of Treasure during the period of
$16,000,000.
20/12/30