Abstract
A transition in international trade has taken place in recent years. The economies of many Western European nations and Japan have been revitalized, due largely to American aid in the immediate postwar period; and these same nations now are energetically competing for markets with U.S.-made goods.
The author examines the balance-of-payments problem faced by the United States; the role that increased exports can play in helping to solve these difficulties; and the joint business and government efforts being made by the National Export Expansion Committee of the Department of Commerce and its regional committees.
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