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The biggest trade that Germany and Britain had was with…

“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.” quote by W. Averell Harriman
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“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 interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Highlights that strong bilateral trade between industrialized nations can thrive beyond tariffs alone

In simple terms: Trade thrives on more than tariffs between industrialized nations

Key Takeaway

Promote deep economic ties beyond tariffs

Themes

trade industry bilateral

Mood

historical analytical

Type

economic political

When to use this quote

  • International negotiations
  • economic policy
  • industrial strategy

Key Concepts

industrial complementarity economic interdependence policy impact

Questions to Reflect On

  • What non‑tariff elements drive trade?
  • How can nations emulate such bilateral success?
A Different Perspective

May understate political factors in trade success

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