Commodity terms of trade

A heightened international awareness of problems concerning price and other terms of international exchange between commodities and manufactures found articulate expression at the meeting of Commonwealth Heads of Government in Ottawa, August 1973. The theme was then taken up again at the United Nations General Assembly in December of that year, and at the Sixth Special Session of the General Assembly meeting in New York in April 1974. Against this background it is interesting to examine the factual record of the past decade and more, as set out in Table IV.


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