21 Flashcards

1
Q

What % of overseas investments in UK shares and securities were in European companies

A

58%

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2
Q

When did Western Countries become more important to Britain

A

1960s

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3
Q

When was there full employment in most of Europe

A

1950

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4
Q

When did Britain choose not to join EEC and set up Own trading bloc EFTA

A

1957 - Applied for EEC membership in 1963 and 1967

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5
Q

What was the Sterling devaluation in 1967

A

$2.40 down from $2.80

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6
Q

When did Britain join the EEC

A

1973

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7
Q

Who was the main supplier after WW2

A

USA

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8
Q

What were used to help expand agricultural production and promote new technology

A

1940 and 1945 Colonial Development Acts

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9
Q

What was set up in 1948 to coordinate major projects

A

Colonial Development Corporation

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10
Q

What was an abject failure in 1948

A

Tanganyika Groundnuts Scheme

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