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Abstract

As indicted in the previous chapter, one of the salient features of the post-war period has been the rapid expansion of international trade. Between 1985 and 1995, for example, the value of world merchandise exports grew from US$1860 billion to around US$5000 billion or by more than 150 per cent.

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© 1998 Ramesh F. Ramsaran

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Ramsaran, R.F. (1998). International Trade and Payments. In: An Introduction to International Money and Finance. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-26356-1_2

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