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a) It is these characteristics that are important to us. .
b) What interests us is not how it is planned but how it is performed.
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These measures will not affect the country's competitive advantage in foreign trade. Nor will they restrain the domestic expenditure. . .
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No longer is it a question of increasing the supply of raw materials. He .
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Just as the balance of international payments of the US is in many respects unique, so are the measures the President has just proposed to correct the deficit on these accounts. , , .
Only then could really free trade be developed. .
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Attached to the article are tables and graphs. .
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Asked if the unification of the currencies is going to take place already this year, the Central bank governor did not give a straightforward reply (Asked = When he was asked). , , .
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1) Although almost all the world was formally on a gold standard, it was sterling which was the international currency for bankers and traders. 2) The figures show that it is the Government expenditure abroad which is to blame for the persistent balance-of-payments deficit. 3) It is for this reason that we must now regard the financial policy with entirely new eyes. 4) Not only are there more nations engaged in the carrying trade today than ever before, but also in addition there has been a huge expansion of airfreight traffic. 5) Many countries find themselves compelled to impose import quotas in order to obtain a favourable balance of trade, as only by exporting their own goods can they obtain the necessary foreign exchange to pay for their imports. 6) There is no common policy on granting credit. Nor can there be one. 7) Very little change has taken place in the Government policy since November. No longer is it necessary now. 8) The President's economic advisers have no illusions about these measures, nor do they argue that their ideas would be particularly useful in dealing with the immediate problem of preventing financial chaos. 9) Never in history has the program aiming at building up foreign exchange reserves been so full and detailed. 10) Considered in isolation, the example does not seem to be than convincing. 11) The danger that economic embargo, if sufficiently protracted, could have led to considerable food shortages, made the Government take urgent measures. 12) Related to the market reforms are the issues of privatization and entrepreneurship. 13) Unless otherwise specified, the time of departure is always the same. 14) Included in the report are the latest figures submitted by the statistic board.
