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U S Farm Trade Outlook Amid World Monetary Realignments
The article notes that postwar stability sped farm exports, but 1971 realignments devalued the dollar and shifted demand. Some countries devalued more, raising prices for US goods in others, while 62 nations kept par values, shaping mixed export prospects for soybeans, cotton, and grains. Trade barriers and PL 480 exports dampen gains, with fiscal 1973 expected to brighten.
MENTIONED IN THIS ARTICLE
U.S
Bretton Woods
U S
Group of Ten
Washington, DC
Smithsonian Institution
France
West Germany
Australia
Turkey
Spain
Morocco
Argentina
Canada
Greece
Brazil
Mexico
Sudan
Egypt
Thailand