chapter  8
19 Pages

The political economy of Iran'sforeign trade since the revolution:ideals and practice

On 16 January 1979, the Shah's 37-year rule came to an end when he left Iran never to return. A price that it seems he had to pay for his misguided and unacceptable policies. On 1 February 1979, Ayatollah Khomeini returned to Iran and was greeted by millions. In April of the same year, Iran became an Islamic Republic.