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William Diebold Jr director of economic studies Council of Foreign Pare
Walther Lederer Oﬂice of Business Economics U S Department of Com
Wilson E Schmidt associate professor of economics George Washington
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abroad agricultural balance of payments balance-of-payments BALL beneﬁt billion capital CHAIRMAN Common Market countries competition coun currency debt deﬁcit Despres diﬂiculties domestic economic effect European countries European Economic Community expand expenditures external tariff ﬁeld ﬁgures ﬁnancial ﬁnancing ﬁnd ﬁrms ﬁrst ﬁscal ﬂow ﬂuctuations foreign countries free trade area GATT gold and dollars gross national product growth imports increase industrial inﬂation inﬂationary inﬂuence KINDLEBERGER Latin America LEDERER less developed loans manufactures Marshall plan ment military monetary negotiations percent period political position primary products problem protectionism question quotas raw materials reduce reﬂected Representative BoLLING reserves rise SCHMIDT Senator BusH Senator J AvITs share signiﬁcance statement substantial tariff tariﬁ tion treaty Treaty of Rome U.S. balance U.S. dollar U.S. exports U.S. Government underdeveloped countries United VVVV Western Europe Western European