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U.S. Agriculture and the Balance of Payments, 1960-67

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  • Kruer, George R.

Abstract

Report Introduction: The U.S. balance of payments deficit is currently a subject of deep concern to both the United States and the rest of the world, especially following the sharp rise in the deficit during the fourth quarter of last year and the gold crisis in the first quarter of this year. Dollars earned abroad from agricultural trade have been a significant factor in holding the deficit down in recent years. This report covers the period 1960-67. The year 1960 is the first in which data on international transactions by the U.S. Government, necessary to derive noncommercial exports, are available from the Balance of Payments Division (BPD), Office of Business Economics, Department of Commerce.

Suggested Citation

  • Kruer, George R., 1968. "U.S. Agriculture and the Balance of Payments, 1960-67," Miscellaneous Publications 317855, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:317855
    DOI: 10.22004/ag.econ.317855
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    International Relations/Trade;

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