History of the United States Navy the Panama Canal, which was completed in 1914. The Great White Fleet required almost 50 coaling ships, and during the cruise most of the fleet's coal was purchased from the British, who could deny access to fuel during a military crisis as they did with Russia during the Russo-Japanese War. When United States agents discovered that the German merchant ship "Ypiranga" was carrying illegal arms to Mexico, President Wilson ordered the Navy to stop the ship from docking at the port of Veracruz. On 21 April 1914, a naval brigade of marines and sailors occupied Veracruz. A total of 55
Marginal propensity to import ratio of the change in imports to the change in income, thus giving us a figure between 0 and 1. Imports are also considered to be automatic stabilisers that work to lessen fluctuations in real GDP. The UK government assumes that UK citizens have a high marginal propensity to import and thus will use a decrease in disposable income as a tool to control the current account on the balance of payments. Marginal propensity to import The marginal propensity to import (MPI) is the fractional change in import expenditure that occurs with a change in disposable income (income after taxes