Annual Report of the Secretary of the Treasury on the State of the Finances: For the Fiscal Year Ended June 30, 1968 (Classic Reprint) by United States Department of th TreasuryAnnual Report of the Secretary of the Treasury on the State of the Finances: For the Fiscal Year Ended June 30, 1968 (Classic Reprint) by United States Department of th Treasury

Annual Report of the Secretary of the Treasury on the State of the Finances: For the Fiscal Year…

byUnited States Department of th Treasury

Hardcover | November 19, 2018

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Excerpt from Annual Report of the Secretary of the Treasury on the State of the Finances: For the Fiscal Year Ended June 30, 1968

This sharp improvement in the balance of payments was extremely welcome. However, transitory elements were responsible for some of the improvement. Furthermore, the composition of the balance was far from ideal. A large part of the improvement was attributable to foreign capital in?ows whose continuation on that scale was far from assured. The trade account did begin to show signs of improvement after the second quarter but was still at very low levels. It was clear that a pro longed effort would be required to rebuild the trade surplus to a satis factory level. A period of moderate domestic growth and a return to a less in?ationary environment would be of great help in strengthening the trade position.

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Title:Annual Report of the Secretary of the Treasury on the State of the Finances: For the Fiscal Year…Format:HardcoverProduct dimensions:552 pages, 9 × 6 × 1.19 inShipping dimensions:9 × 6 × 1.19 inPublished:November 19, 2018Publisher:FB&C LtdLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0666204039

ISBN - 13:9780666204035

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