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- The Panama Canal and International
The Panama Canal and International
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Excerpt from The Panama Canal and International: Trade Competition
The factors determining the direction of trade, resting thus on the elements which make up popular demand for goods, are extremely complex. Prices, transportation charges, postal and telegraphic facilities for placing orders, time required for delivery, conditions of payment and credit, capital investments, radal and social conditions, facilities for personal intercourse through travel, mere habit, and many other things all play a part in determining whence imports are to come.
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