The Balance of Payments and the Standard of Living

In This Review

The Balance of Payments and the Standard of Living

By R. G. Hawtrey
Royal Institute of International Affairs, 1950
158 pp. $1.75
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An analysis, with special reference to Great Britain and Western Europe, of the question whether an adverse balance of payments can be corrected by the working of free markets or whether recourse must be had to controls and restrictions.