Military government weekly information bulletin
Number 74 (January 1947)
[Highlights of policy], pp. -18 PDF (8.7 MB)
As 1946 ended, trade and commerce had begun to assume their places as essential factors in making Germany's economic wheels turn toward peaceful ends. There was a def- inite indication of greater progress in 1947: the bizonal economic merger of the US and British Zones had been inaugurated; quadri- partite working parties had reached agree- ment on a number of the internal problems encountered in interzonal trade and ration- ing; stringent price controls had success- fully prevented run-away inflation despite too much money and too little goods; and exports of German products were being bought by foreign countries at an increasing rate. Contracts for exports for the US Zone of Germany, valued at approximately 26,000,000 dollars, had been concluded by the Export- Import Section of OMGUS by the end of November 1946. Foreign trade discussions with representatives of other governments have been numerous during the past several months. Conferences have been held with Photographic equipment on display at the export exhibition which is currently being held in Munich.
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