Concerning the Interrelationship Between Internal and Foreign Trade Prices in European Socialist Countries

TLDR: In this paper, a broad range of problems posed by the Comprehensive Program of Socialist Economic Integration (CPEIN) are addressed, including the problem of the intensification of the interdependence of internal and for-eign trade prices.

Abstract: Among the broad range of problems posed by the Comprehensive Program of Socialist Economic Integration is the problem of the intensification of the interdependence of internal and for - eign trade prices. "In the establishment of economically substantiated exchange rates or coefficients of national currencies, countries will resolve questions pertaining to the relationship between internal wholesale and foreign trade prices in accordance with their potential and conditions." (1) As the formulation indicates, this problem (1) pertains primarily to the internal national competence of individual socialist countries; and (2) the resolution of the problem is directly coordinated with the action of currency categories.