TY  - BOOK
AU  - McColl,G.D.
TI  - The Australian balance of payments: a study of post-war developments 
AV  - HG3883.A8 M3
U1  - 382.30994 
PY  - 1965///
CY  - New York
PB  - Melbourne University Press, Cambridge University Press
KW  - Balance of payments
KW  - Balance of trade
KW  - Australia
N1  - Includes index; Includes bibliography p.161-171
N2  - In this book Australian balance of payments are examined against the background changes that have taken place in the Australian economy in the post-war period and developments in world trade and finance. Official policies early in this period faced the dilemma of encouraging expansion of secondary and tertiary industries to absorb the growing workforce while
trying not to discourage the output of primary industry which provided most of the foreign exchange needed to purchase goods and services abroad. Tariff protection and quantitative import controls resulted in the establishment of secondary industry with a high cost structure in relation to the larger industrial countries
ER  -