International Monetary Policy

adjustment Agreement American Annual Report balance of pay balance of payments Bank bilateral Bretton Woods Bretton Woods system Britain British Camille Gutt capital cent Clearing Union convertibility creditor current account debtor deficit countries demand for imports depreciation devaluation disequilibrium dollar problem dollar shortage domestic drawing rights economic effect elasticity equilibrium Europe European exchange control exchange rate external favourable finance fluctuations foreign balance foreign currency foreign exchange full employment Fund Fund's German gold standard income effects increase inflation international economy international liquidity international monetary international trade investment Keynes loans long-term measures member countries ments OEEC overseas par value parity period postwar proposed quota rates of exchange rency reserves restrictions rôle scarce currency settlement stabilisation stability Sterling Area sterling balances supply surplus country tion trade balance transactions transfer U.S. dollars United Kingdom White Plan