... equipment, chemicals, textiles, oil and oil products, ores, and foodstuffs. 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 ... one quarter of Hungary's foreign trade - 27.5 percent of its imports and 30 percent of its exports. Hungary's major imports from the Soviet Union are oil and ...

• Word Count: 1630
• Approx Pages: 7
• Grade Level: Undergraduate

... European economic policy supposed to be in co-operation between Germany and France. France unwillingness against Germany was understandable because these two states have been strong enemies through the history. Situation after the First and the Second World War, where Germany was on losers and France on winners' side, was specially complicated. I would call it more like formally winners' side, because everybody who ... was quite similar to Germany and they really had to work for building it up again. Thanks to the help from USA it was possible. In early 1947 French policy towards German...

• Word Count: 1843
• Approx Pages: 7
• Grade Level: Undergraduate