Abstract
This article reviews major factors involved in U.S. participation in East-West trade, including centralization and the structure of decision making in Eastern Europe, tariff and nontariff barriers, and the significance of financing and the level of debt in the Socialist countries. It also examines ways of ascertaining market potentials, new forms of trade, such as industrial cooperation and countertrade arrangements. It concludes with an assessment of outstanding issues in the future development of East-West trade.
This is a preview of subscription content, log in via an institution to check access.
Similar content being viewed by others
Author information
Authors and Affiliations
Additional information
*Dr. Irene Lange is Professor and Chairperson, Department of Marketing at california State University, Fullerton. She served with the Bureau of East-West Trade, U.S. Department of Commerce for two years and has conducted numerous studies on East-West trade.
**James F. Elliott is Assistant Professor of Slavic languages, University of Tennessee. He has recently served as A.C.E. Government Fellow at the Bureau of East-West Trade, U.S. Department of Commerce, conducting research in the field.
Rights and permissions
About this article
Cite this article
Lange, I., Elliott, J. U.S. Role in East-West Trade: An Appraisal. J Int Bus Stud 8, 5–16 (1977). https://doi.org/10.1057/palgrave.jibs.8490682
Published:
Issue Date:
DOI: https://doi.org/10.1057/palgrave.jibs.8490682