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The European Payments Union

  • Peter Coffey
  • John R. Presley

Abstract

The improving economic climate in Europe in 1949 removed the reluctance of most European countries to make further progress towards convertibility and trade liberalisation. Europe was not yet prepared for general convertibility, but there was a common desire finally to escape from bilateralism, from trade discrimination, and from trade and exchange restrictions,1 which were the main obstacles to the expansion of competitive intra-European trading.

Keywords

Trade Liberalisation Payment Mechanism Debtor Country Credit Facility European Fund 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Peter Coffey and John R. Presley 1971

Authors and Affiliations

  • Peter Coffey
  • John R. Presley

There are no affiliations available

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