"The biggest trade that Germany and Britain had was with each other, in the prewar period; I think I'm right in that. Two highly industrialized nations had the most trade with each other, and it wasn't tariff policies alone that made trade relations better for both of them"
- W. Averell Harriman
About this Quote
This quote by W. Averell Harriman talks to the strong economic ties in between Germany and Britain in the prewar period. Harriman suggests that the two highly industrialized nations had the most trade with each other, and that it was not just tariff policies that made trade relations much better for both of them. This suggests that there were other elements at play that added to the strong economic ties between the two nations. This could consist of the development of new innovations, the growth of international trade, and the development of brand-new markets. It is clear that the 2 countries had an equally advantageous relationship that was beneficial to both of them. This quote highlights the importance of strong economic ties in between countries and how it can benefit both parties.
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