DR. FR. PEROUTKA, DIVISION CHIEF IN THE MIMISTRY OF COMMERCE
Intensive agriculture and prosperous industries have enabled Czechoslovakia to build up an extensive foreign trade. The balance of trade is,
DR. FR. PEROUTKA, DIVISION CHIEF IN THE MIMISTRY OF COMMERCE
Intensive agriculture and prosperous industries have enabled Czechoslovakia to build up an extensive foreign trade. The balance of trade is, on the whole, favorable. The country has to import foodstuffs and raw materials needed in the industries, and exports industrial products in return. Many branches of industry have to seek foreign markets for as much as fifty to ninety per cent of their products.
Before the war, in the territory of the present Czechoslovak Republic, about 10.2 million metric quintals of wheat were cultivated, 15.3 million quintals of rye, and 15.2 million quintals of barley. After the war, the harvest of wheat in 1920 was 7.1 million quintals, in 1921 10,528,000 quintals, in 1922 9,150,000 quintals, but, as it is necessary to keep about 1.2 million quintals for sowing, the production does not cover h