This paper describes that with regard to import surcharges, advance import deposits, and measures to stimulate exports, there appears to have been a small net increase in restrictions. Also, in several member countries the role of state trading increased. Although it is difficult to quantify the...

This paper discusses that although in terms of value world trade increased at a sharp rate, the rise was in only a small degree due to an expansion in the volume of trade. Because of the inflation and the sharp increase in the prices of oil and some other primary products, the value of world...

This paper highlights the period under review was characterized by an unusually rapid increase in world trade and stresses on the international payments system. After a downturn in the rate of expansion of world trade in 1967, there was a sharp rise in the rate of growth in 1968. There was less...