Abstract
‘Bloc’ autarky is usually seen as the main feature of the foreign trade behaviour of the Soviet-type socialist economies. The framework for these mutual relations was the Council for Mutual Economic Assistance (CMEA, or Comecon, the better-known English acronym), which had been founded in 1949. Relations with other socialist countries accounted for 60 to 75 per cent of the overall foreign trade of each of the Eastern European countries by the end of the 1980s. The share was 62 per cent for the USSR, and 40 per cent for Yugoslavia though the latter was not a Comecon member. Except for China, Asian socialist countries also mainly traded with other socialist countries (with shares comprising between 70 and 90 per cent of total trade), and so did Cuba.
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