ABSTRACT
In the preceding Chapter we have discussed the steps which might be taken both by unilateral national action and also by international agreement to integrate the underlying price mechanism of a country like the United Kingdom into the market mechanisms of similar developed countries. But just as in our discussion of domestic economic policy we found that on the foundation of the price mechanism there must be built a superstructure of governmental interventions (Chapters II to VII), so also in the case of the international operation of the price mechanism there is need for a superstructure of controls and interventions. In this Chapter we turn to an analysis of the nature of these controls over international economic relations.
