Schrenk, Martin.

The CMFA system of trade and payments: the legacy and the aftermath of its termination. - Washington : World Bank, 1991. - Working Paper series; No. 753 .

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.


Trade Policy.
Market economy -- Trade -- CMEA.--Market economy -- Trade -- CMEA.--Market economy -- Trade -- CMEA.