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Chapter 02
The Dynamic Environment of International Trade
1. The reciprocal impact of U.S. assistance to other countries to develop their markets and
improve global trade was that the recipient countries provided funds for American domestic
infrastructure development efforts.
True False
2. The GATT became part of the World Trade Organization in 1995, with the ratification of
the Uruguay Round agreements.
True False
3. As part of the worldwide economic growth and rebuilding after World War II, countries
once classified as less developed were reclassified as underdeveloped countries.
True False
4. As a result of the increasing global trade, the United States was able to increase its share of
the world gross national product (GNP) from less than 25 percent in 1950 to over 39 percent
in 2010.
True False
6. The fact that the credit and debit side in a balance-of-payments record balance means that a
nation is in particularly good financial condition.
True False
2-1
7. The reserves account is a record of direct investment, portfolio investment, and short-term
capital movements to and from countries.
True False
9. A case might be made for long-term protection of markets with excess productive capacity
or excess labor when such protection could facilitate an orderly transition.
True False
12. Tariffs often are used as reprisals against protectionist moves of trading partners.
True False
14. A VER is generally imposed under the threat of stiffer quotas and tariffs being set by the
importing country if a VER is not established.
True False
2-2
Chapter 02 - The Dynamic Environment of International Trade
15. Blocked currency is used by refusing to allow an exporter to exchange its national
currency for the buyers' currency.
True False
16. Importers who want to buy a foreign good must apply for a business permit, that is,
permission to exchange an amount of local currency for foreign currency.
True False
17. The exchange permit may stipulate an unfavorable rate of exchange depending on the
desires of the government.
True False
18. The United States and other countries require some products to contain a percentage of
"local content" to gain admission to their markets. This is an example of how countries use
antidumping rules to protect their own industries.
True False
19. Antidumping laws were designed to prevent foreign producers from "predatory pricing."
True False
20. Among the many proposals brought forward for lowering the trade deficit, most deal with
fairness of trade with some of our trading partners instead of reducing imports or adjusting
other trade policies.
True False
21. The issue of the openness of markets for U.S. goods is addressed as market expansion
section of the Omnibus Trade and Competitiveness Act of 1988.
True False
2-3
Another random document with
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The Project Gutenberg eBook of John G.
Paton, missionary to the New Hebrides
This ebook is for the use of anyone anywhere in the United
States and most other parts of the world at no cost and with
almost no restrictions whatsoever. You may copy it, give it away
or re-use it under the terms of the Project Gutenberg License
included with this ebook or online at www.gutenberg.org. If you
are not located in the United States, you will have to check the
laws of the country where you are located before using this
eBook.
Language: English
An Autobiography.
FIRST PART.
JOHN G. PATON,
MISSIONARY TO THE NEW HEBRIDES.
AN AUTOBIOGRAPHY.
EDITED BY HIS BROTHER.
NEW HEBRIDES.
An Autobiography.
FIRST PART.
CHAPTER II.
AT SCHOOL AND COLLEGE.
A Typical Scottish School 31
An Unacknowledged Prize 32
A Wayward Master 33
Learning a Trade 33
My Father’s Prayers 34
“Jehovah Jireh” 34
With Sappers and Miners 36
The Harvest Field 38
On the Road to Glasgow 39
A Memorable Parting 40
Before the Examiners 42
Killing Work 43
Deep Waters 44
Maryhill School 45
Rough School Scenes 46
“Aut Cæsar Aut Nullus” 48
My Wages 49
CHAPTER III.
IN GLASGOW CITY MISSION.
“He Leadeth Me” 53
A Degraded District 55
The Gospel in a Hay-Loft 56
New Mission Premises 58
At Work for Jesus 59
At War with Hell 62
Sowing Gospel Seed 64
Publicans on the War Path 65
Marched to the Police Office 67
Papists and Infidels 69
An Infidel Saved 70
An Infidel in Despair 71
A Brand from the Burning 72
A Saintly Child 75
Papists in Arms 77
Elder and Student 81
CHAPTER IV.
FOREIGN MISSION CLAIMS.
The Wail of the Heathen 85
A Missionary Wanted 85
Two Souls on the Altar 87
Lions in the Path 89
The Old Folks at Home 92
Successors in Green Street Mission 95
Old Green Street Hands 97
A Father in God 97
CHAPTER V.
THE NEW HEBRIDES.
License and Ordination 101
At Sea 102
From Melbourne to Aneityum 102
Settlement on Tanna 105
Our Mission Stations 106
Diplomatic Chiefs 107
Painful First Impressions 108
Bloody Scenes 109
The Widow’s Doom 111
CHAPTER VI.
LIFE AND DEATH ON TANNA.
Our Island Home 115
Learning the Language 116
A Religion of Fear 118
With or Without a God 119
Ideas of the Invisible 120
Gods and Demons 121
My Companion Missionary 122
Pioneers in New Hebrides 123
Missionaries of Aneityum 125
The Lord’s Arrowroot 126
Unhealthy Sites 127
The Great Bereavement 129
Memorial Tributes 131
Selwyn and Patteson at a Tanna Grave 133
Her Last Letter 134
Last Words 137
Presentiment and Mystery 138
CHAPTER VII.
MISSION LEAVES FROM TANNA.
Tannese Natives 141
“Tabooed” 142
Jehovah’s Rain 143
“Big Hays” 144
War and Cannibalism 145
The Lot of Woman 146
Sacred Days 148
Preaching in Villages 149
Native Teachers 150
The War Shell 151
Deadly Superstitions 152
A League of Blood 154
Chiefs in Council 155
Defence of Women 157
A League of Peace 157
Secret Disciples 159
A Christo-Heathen Funeral 159
Clever Thieves 160
Ships of Fire 164
H.M.S. Cordelia 166
Captain Vernon and Miaki 167
The Captain and the Chiefs 168
The John Williams 169
Evanescent Impressions 170
A House on the Hill 171
In Fever Grips 171
“Noble Old Abraham” 172
Critics in Easy Chairs 174
CHAPTER VIII.
MORE MISSION LEAVES FROM TANNA.
The Blood-Fiend Unleashed 179
In the Camp of the Enemy 180
A Typical South Sea Trader 182
Young Rarip’s Death 183
The Trader’s Retribution 185
Worship and War 186
Saved from Strangling 187
Wrath Restrained 188
Under the Axe 191
The Clubbing of Namuri 193
A Native Saint and Martyr 195
Bribes Refused 197
Widows Rescued 197
The Sinking of a Well 198
Church-Building on Tanna 199
Ancient Stone God 201
Printing First Tannese Book 201
A Christian Captain 203
Levelled Muskets 204
A French Refugee 205
A Villainous Captain 208
Like Master—Like Men 209
Wrecked on Purpose 212
The Kanaka Traffic 213
A Heathen Festival 215
Sacrifices to Idols 218
Heathen Dance and Sham Fight 219
Six Native Teachers 221
A Homeric Episode 222
Victims for Cannibal Feast 223
The Jaws of Death 224
Nahak or Sorcery 226
Killing me by Nahak 227
Nahak Defied 229
Protected by Jehovah 230
“Almost Persuaded” 231
Escorted to the Battle-Field 232
Praying for Enemies 233
Our Canoe on the Reef 233
A Perilous Pilgrimage 236
Rocks and Waters 237
CHAPTER IX.
DEEPENING SHADOWS.
Welcome Guests 243
A Fiendish Deed 244
The Plague of Measles 245
A Heroic Soul 246
Horrors of Epidemic 247
A Memorable New Year 248
A Missionary Attacked 249
In the Valley of the Shadow 251
Blow from an Adze 252
A Missionary’s Death 253
Mrs. Johnston’s Letter 255
A Heavy Loss 256
The Story of Kowia 256
Kowia’s Soliloquy 258
The Passing of Kowia 259
Mortality of Measles 261
Fuel to the Fire 262
Hurricanes 262
A Spate of Blood and Terror 263
Nowar Vacillates 265
The Anger of the Gods 265
Not Afraid to Die 266
Martyrs of Erromanga 267
Visit to the Gordons 268
Their Martyrdom 269
Vindication of the Gordons 270
Gordon’s Last Letter 272
Plots of Murder 273
Death by Nahak 275
Nowar Halting Again 275
Old Abraham’s Prayer 277
Miaki and the Mission House 278
Satanic Influences 280
Perplexity Deepening 280
Bishop Selwyn’s Testimony 281
Rotten Tracts 283
Captain and Mate of Blue Bell 285
My Precious Dog 287
Fishing Nets and Kawases 288
The Taro Plant 290
The Kava Drink 290
Katasian and the Club Scene 291
The Yams 292
Sunshine and Shadow 292
Teachers Demoralized 293
The Chief’s Alphabet 294
Our Evil Genius 295
Ships of Fire Again 295
Commodore Seymour’s Visit 296
Nouka and Queen ’Toria 297
The Dog to his Vomit Again 298
CHAPTER X.
FAREWELL SCENES.
The War Fever 303
Forced to the War Council 305
A Truce Among the Chiefs 306
Chiefs and People 308
The Kiss of Judas 309
The Death of Ian 309
The Quivering Knife 310
A War of Revenge 312
In the Thick of the Battle 313
Tender Mercies of the Wicked 315
Escape for Life 316
The Loss of All 317
Under the Tomahawk 318
Jehovah is Hearing 318
The Host Turned Back 320
The War Against Manuman 320
Traps Laid 321
House Broken Up 322
War Against Our Friends 322
A Treacherous Murderer 323
On the Chestnut Tree 324
Bargaining for Life 325
Five Hours in a Canoe 328
Kneeling on the Sands 329
Faimungo’s Farewell 330
“Follow! Follow!” 331
A Race for Life 332
Ringed Round with Death 334
Faint yet Pursuing 336
Out of the Lion’s Jaws 337
Brothers in Distress 339
Intervening Events 341
A Cannibal’s Taste 341
Pillars of Cloud and Fire 342
Passing by on the Other Side 344
Kapuku and the Idol Gods 344
A Devil Chief 344
“In Perils Oft” 345
Through Fire and Water 345
“Sail O! Sail O!” 349
“Let Me Die” 350
In Perils on the Sea 351
Tannese Visitors 352
The Devil Chief Again 353
Speckled and Spotted 354
Their Desired Haven 355
“I am Left Alone” 355
My Earthly All 356
Eternal Hope 356
Australia to the Rescue 357
For My Brethren’s Sake 358
A New Holy League 358
The Uses of Adversity 359
Arm-chair Critics Again 360
Concluding Note 361
Prospectus of Part Second 362
APPENDIX.
A. The Prayer of the Chiefs of Tanna 367
B. Notes on the New Hebrides 371
LIST OF ILLUSTRATIONS.
What I write here is for the glory of God. For more than twenty years
have I been urged to record my story as a missionary of the Cross;
but always till now, in my sixty-fourth year, my heart has shrunk
from the task, as savouring too much of self. Latterly the conviction
has been borne home to me that if there be much in my experience
which the Church of God ought to know, it would be pride on my
part, and not humility, to let it die with me. I lift my pen, therefore,
with that motive supreme in my heart; and, so far as memory and
entries in my note-books and letters of my own and of other friends
serve or help my sincere desire to be truthful and fair, the following
chapters will present a faithful picture of the life through which the
Lord has led me. If it bows any of my readers under as deep and
certain a confidence as mine, that in “God’s hand our breath is, and
His are all our ways,” my task will not be fruitless in the Great Day.