1. Hungary developing
... . Hungary's main imports were heavy machinery, agricultural implements, coke, iron, cotton, wool, and timber. After 1958 Hungary expanded its trade with the West; but exports to Western countries have been only about half the value of imports, with a resulting serious balance of payments deficit in hard currency. Hungary's exports to Western nations have consisted mainly of foodstuffs, ... was Hungary's second most important trading partner in 1976, accounting for 8.8 percent of imports and 9.1 percent of exports. West Germany, Hungary's principal trading partner among the industrialized...
- Word Count: 1630
- Approx Pages: 7
- Grade Level: Undergraduate