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Organization for European Economic Cooperation

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  • Anonymous

Abstract

Meeting on January 7, 1952, the Council of OEEC agreed that for January, February and March, Belgium, a constant creditor in the European Payments Union, would receive a maximum of $60 million in gold — a reduction of 25 percent on the previous allowance. This was a partial solution to the problem of Belgium's excess credit position. The Council also recommended that member countries try to increase exports to Belgium and that Belgium increase its imports from them.

Suggested Citation

  • Anonymous, 1952. "Organization for European Economic Cooperation," International Organization, Cambridge University Press, vol. 6(2), pages 331-333, May.
    • Handle: RePEc:cup:intorg:v:6:y:1952:i:2:p:331-333_18
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    Cited by:

    1. Mehmet Halis OZER, 2014. "The Effects of the Marshall Plan Aids to the Development of the Agricultural Sector in Turkey, the 1948-1953 Period," International Journal of Economics and Financial Issues, Econjournals, vol. 4(2), pages 427-439.

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