1945

Continued expansion of industrial production in 1960 provided further stimulus to the expansion of world trade which, in 1959, had already picked up from the slump of 1958. In the first half of 1960, world exports, at an annual rate of $111 billion, were 10 per cent over 1959. Exports of primary exporting countries also rose, but only by 1 per cent to an annual rate of $31 billion in the first half of 1960.

Related Subject(s): Economic and Social Development
Sustainable Development Goals:
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