Abstract
Last February we suggested that the aggregate volume of national output (GNP) of the member countries of OECD would rise in 1970 by 3 per cent and the dollar value of world trade by about 9 per cent. We now estimate that the rise in output was appreciably below our forecast, at about 2½ per cent, but that the rise in the value of world trade was probably as high as 15 per cent, which would mean that it was the biggest since the Korean War 20 years ago.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
