Economic Relations between European Socialist Countries and Capitalist Countries of Europe and North America
Today the question how to achieve better relations between ‘East’ and ‘West’ and between European and North American countries is of concern to all. There is reason to think that the system which the European socialist countries have evolved to develop trade between themselves — the Council for Mutual Economic Assistance (C.M.E.A.) — might usefully serve as a model for the countries of the West and might be extended to relations between socialist and capitalist countries.
KeywordsMonetary Policy Economic Relation Socialist Country Socialist System Capitalist Country
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