The Economic Basis of a Durable Peace

adopted balance of international balance of payments capital equipment Central Bank Chapter clearing agreements colonial territories commodities competitive countries with exchange country's demand economic relations economic system example excess exchange control exchange depreciation exchange rates exchange value existing expand expense exports factors of production fertility foreign exchange foreign markets foreign trade free trade funds Germany gold standard gold value increase industries internal economic International Authority International Bank international capital movements International Currency international inequalities International Monetary Authority International Organization international payments international trade investment labour League of Nations liberal loans means ment methods migration monetary reserves national currencies natural resources obtain open-door particular planned planned economy possible prevent prices and costs principles problem production protection purchase raise rate of exchange raw material supplies reasons receipts reduce regulation restriction schemes result standard of living subsidy tion trade barriers trade depressions unemployment United Kingdom wages