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Authors Precis of Commodity Price Stabilizing System
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acquire reserves adjustments Australia automatically basic commodities basic producers Buffer Stock bushels buyers ceiling price cent Chapter cocoa commercial commodity agreements Commodity Credit Corporation commodity prices commodity-importing nation copper cost cif countries currency deposits developing durable economic effective enterprise essential commodities established event export factors fluctuations full BLOCK grains Grondona system held HIGH point HM Government HM Treasury important increase Index and points industrial metals inflation initial Index International Tin Council International Wheat International Wheat Council Key Control London Metal Exchange Lord Kaldor market price maximum million acres million tons mineral minimum needs operate oscillations outputs payments period potential preceding annual average prescribed Price Stabilizing Corporation primary products proposed system PSC's functioning PSC's scope purchase quinquennium quota raw materials respect result season sellers Sir Malcolm Stewart Sir Roy Harrod stand ready sterling Triticale United Kingdom user-buyers user-industrialists widest practicable range