Sterling area

Former important association of states – above all all all Commonwealth countries with the exception of Canada – which based their currency on the pound sterling; until about 1950, half of the world’s exchange of goods was invoiced in GBP. – Its origins date back to 1931, when England abandoned the gold standard. The Exchange Control Act 1947 circumscribed the community in more detail. Foreign exchange reserves were pooled in London and payments between participants were exempted from exchange control measures. In the course of England’s rapprochement with Europe and the growing importance of the U.S., the association dissolved in 1952.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

Sterling area

Mantan asosiasi penting negara-negara – di atas semua negara Persemakmuran kecuali Kanada – yang mendasarkan mata uang mereka pada pound sterling; sampai sekitar tahun 1950, setengah dari pertukaran barang di dunia ditagih dalam GBP. – Asal-usulnya berasal dari tahun 1931, ketika Inggris meninggalkan standar emas. Exchange Control Act 1947 menjelaskan komunitas secara lebih terperinci. Cadangan mata uang dikumpulkan di London dan pembayaran di antara para peserta dikecualikan dari tindakan pengendalian pertukaran. Dalam perjalanan pemulihan hubungan Inggris dengan Eropa dan semakin pentingnya Amerika Serikat, asosiasi ini dibubarkan pada tahun 1952.

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Profesor Universitas Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Profesor Dr. Eckehard Krah, Dipl.rer.pol.
Alamat email: info@jung-stilling-gesellschaft.de
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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