The Emerging World Economy

additional payments contingent Africa agricultural American argument average balance of payments become Belgium benefits Britain capital cent Chapter Chase Manhattan Bank coal COMECON Commerce companies competition Congress consumer contingent on profits cost currency Development dollars economic effect equipment escape clause exchange Export-Import Bank factory Figure finance foreign countries foreign investments foreign trade France free trade gold Gotrox IBRD imports increase industries inflow interest and additional International International Monetary Fund Italy Japan Kennedy labor Latin America loans Luxembourg machinery ment military million national income negotiations Netherlands option on shares outflow period population President protection protectionist quotas respending short-term Source steel Table Tariff Commission textile Trade Agreements trade barriers Trade Expansion Trade Expansion Act U.S. dollars underdeveloped Union United Kingdom wage West Germany Western Europe workers World War II