U.S.-Soviet Trade in the 1980s

by Abraham S. Becker

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Judged by either absolute or relative size, trade with the Soviet Union is not quantitatively significant for any country in the Western world, except Finland. The relative magnitude of Soviet trade with the United States is particularly low and has been declining. Economic policy of both countries is the major explanatory factor, but the Soviet economic structure also plays an important role. Some radical changes in Soviet economic policy might substantially change current trade patterns and volumes. They might also affect the climate of East-West relations.

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