East-West Trade Trends: Mutual Defense Assistance Control Act of 1951 (the Battle Act); Fourth Report to Congress, Second Half of 1953United States. Foreign Operations Administration
History
East-West Trade Trends: Mutual Defense Assistance Control Act of 1951 (the Battle Act); Fourth Report to Congress, Second Half of 1953
United States. Foreign Operations Administration
Military assistance; Mutual security program, 1951-; United States -- Commercial policy
If such trade encouraged a general relaxation of the free world
military defense, it would be that much more damaging to the free
world. In any event, unrestricted trade would permit the Soviet traders
to compete freely in Western markets for important strategic goods
needed for Western military defense, thus making that defense more
costly and difficult for many free-world nations.
Employing the monopoly power of the Soviet states, individually or
collectively, the bloc would be able to extract economic advantages and
unwarranted concessions from the weaker individual traders and nations
to the net detriment of the free world.
Finally, unrestricted commercial relations, in which commercial gain
is the overriding criterion, would weaken the free world insofar as
they increased the economic reliance of certain free areas upon the
bloc. This could be harmful by increasing the vulnerability of these
areas to Soviet pressure. It could also have the effect of diverting
the attention of the free world from its compelling general economic
tasks such as developing bigger, better, and more accessible markets
and making international financial and trade arrangements that will
diminish the difficulties of sharing the free world's vast resources
and production among the nations.
=The Challenge=
Thus, the problem and the challenge is to find and to steer a course
midstream--to trade with the Soviet bloc on terms which bring to the
free world a net advantage. This is no simple matter.
There are two sharp dangers for the free-world nations.
One is the danger of being divided in purpose, split apart on policies
requiring concerted action, and forced into competing among themselves
in circumstances which call for unified action.
The other is the danger of being deceived about what is going on in
East-West trade and what's behind it. This danger grows partly out
of the complexity of economic relations and the fact that the Soviet
system and approaches to economic relations and peace in general are so
different from ours. It grows partly out of the fact that deception is
intentionally practiced by the Soviet Communists.
On the other hand, the Soviet-bloc governments have limitations in
trying to accomplish their purposes. The free world, aware of its own
strengths, can meet a great part of the challenge by working together
not only to understand the Soviet bloc's general objectives and goals,
but also to identify the specific actions which the bloc chooses at
any given time to accomplish them. In this way the free world has the
opportunity of segregating the harmful from the helpful.
We of the free world will neither be deceived nor divided if we keep
ourselves armed with facts and work as a team.
_CHAPTER V_
=U. S. Policy on Strategic Trade Controls=
The economic and trading activities of the Soviet empire require close
and continual study by free governments, but Soviet actions alone do
not determine free-world policies.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account