Abstract
UNDER the title “New Plans for International Trade”, the Institute of Statistics, Oxford, has issued a Supplement to its Bulletin (Np. 5, Vol. 5) reviewing the principles embodied in the proposal of the British Treasury for an International Clearing Union and that of the American Treasury for an International Stabilization Fund, An introductory paper by the editor points out that international trade exists because some goods can be produced relatively cheaper in some countries than in others, and the, aim of an international currency plan must be to lay down a code of rules which countries agree upon and can be relied upon to apply in international trade and finance in different circumstances. The test questions are: (1) Are adequate provisions made for furnishing each country with liquid reserves for restarting international trade after the disruptions of the War and pre-war periods, as a means of enabling ail countries to partake in international trade and reap the benefits of an exchange or loan of goods?
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Plans for International Trade. Nature 152, 560 (1943). https://doi.org/10.1038/152560b0
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DOI: https://doi.org/10.1038/152560b0