Global Economic Structures PDF
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Ateneo de Naga University
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Summary
This document discusses global economic structures, with a focus on post-World War II events. It explores how the Western world planned for a more open international economy after the war, and discusses the potential re-emergence of trade barriers.
Full Transcript
WORLD WARII Countries moved in the direction of autarky. However, even in the midst of WW II, the Western world, especially the US and Great Britain, began planning for a more open international economy. There was significant fear after World War II that the Depression might...
WORLD WARII Countries moved in the direction of autarky. However, even in the midst of WW II, the Western world, especially the US and Great Britain, began planning for a more open international economy. There was significant fear after World War II that the Depression might return due to challenges in absorbing demobilized military personnel and the potential re-emergence of trade barriers and restrictions on the free flow of money.
