Intra-Commonwealth trade

The relative magnitudes of some of the main categories in intra-Commonwealth trade are shown in Table IX. As will be seen from Appendix Tables 3, 5 and 7, the proportion of Commonwealth countries' total exports sent to Britain, the porportion of Commonwealth countries' total imports supplied by Britain, and the proportion of British imports supplied by Commonwealth countries, have all been falling. The processes of causation are complex, but an important part of the explanation lies in regional trade polarities in Europe, in the Pacific (Australia and New Zealand vis-a-vis Japan), and in North America—where sectoral arrangements covering trade between Canada and the United States in the fields of energy, defence procurement and automotive engineering have tended to detract from the influence of earlier, historic ties.


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