gold and the dollar crisis

accumulation adjustments assets balance of payments bancor bilateral borrowing central banks commitments Committee convertibility country's creditor countries current account devaluation dollar balances Dollar Holdings estimates Europe European Economic Community European Monetary Agreement European Payments Union excess exchange rate exchange restrictions Federal Reserve finance foreign exchange reserves Fund deposits Fund's Gold and Dollar gold exchange standard gold production gross reserves growth imports increase inflationary institutions international liquidity International Monetary Fund International Reserves lending capacity liabilities major member countries ments monetary authorities monetary gold monetary reserves Money Muddle national currency negotiation OEEC official operations overall policies postwar pounds sterling problem proposals quota ratio readjustments RESERVE ADEQUACY reserve levels reserve position Reserves and Liquidity settlements short-term sources stability sterling area sterling balances surpluses Table tion trade and exchange trade and payments transactions U.S. dollars United Kingdom USSR sales world liquidity world monetary world reserves