1945

The composition of imports and exports and the terms of trade

The decline of the region’s imports, occasioned by balance of payments problems during 1952, reversed the rising tendency of the quantum of imports, observed since 1947-49 in most of the Latin-American countries. In fact, having reached, in 1951, a maximum of 7,437 million dollars, calculated at 1948 prices, imports returned to a more normal level, estimated at 6,754 millions for 1952.

Related Subject(s): Economic and Social Development
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