Tha Europoin Ecunomie Commission in its l.test scononic notes reports inports tre rising sore mpidly thon oxports and it is unlikely that thore will be any real long-term trend townrds an improvement in the trade positions Though thete was an inproventn in the Cosmen Market's balance cf trade in Oct., Nove, produced n deficit, and the Commission estioates that in 1962 the Comion Market balance cf trade position deteriarnted by some 1,500 nillion dcllars. In this connection woe note a report in the Bonn paper = Welt that Vest Gor nainy's stool production least yenr was 38,700,000 tons,léss than . 1961 by 600,000 tons. "
International Bulletin / The BulletinThe Bulletin Vol. 2, No. 3, 19 January 1963
Long Term Deterioration in E.e.o Bl Nce of Trade Position
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