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The CMFA system of trade and payments: the legacy and the aftermath of its termination.

By: Schrenk, Martin.
Material type: materialTypeLabelBookSeries: Working Paper series; No. 753. Publisher: Washington : World Bank, 1991Subject(s): Trade Policy | Market economy -- Trade -- CMEA. -- Market economy -- Trade -- CMEA. -- Market economy -- Trade -- CMEASummary: This paper describes the Council for Mutual Economic Assistance (CMFA) system of trade and payment and considers how the transition from traditional socialism to a market economy is linked to changes of the mechanism for international transactions.
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This paper describes the Council for Mutual Economic Assistance (CMFA) system of trade and payment and considers how the transition from traditional socialism to a market economy is linked to changes of the mechanism for international transactions.

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