trade and commerce (winds of change)

Question 1

By 1956, what percentage of overseas investments where in Empire?

Answer 1

58%

Question 2

When was Empire most critical after the war?

Answer 2

Prior to the 60s for imports where FX reserves were low.

Question 3

What percentage of imports in 1948 were from Empire?

Answer 3

45%

Question 4

What percentage of imports in 1948 were from Western Europe?

Answer 4

20.5%

Question 5

What percentage of imports in 1965 were from Empire?

Answer 5

30%

Question 6

What percentage of imports in 1965 were from Western Europe?

Answer 6

30.6%

Question 7

What percentage of exports in 1948 were from the Commonwealth?

Answer 7

46%

Question 8

What percentage of exports in 1948 were from the W. Europe?

Answer 8

25%

Question 9

What percentage of exports in 1965 were from the Commonwealth?

Answer 9

28&

Question 10

What percentage of exports in 1965 were from the W. Europe?

Answer 10

32.5%

Question 11

When did Britain join the EEC?

Answer 11

1973

Question 12

In what years did Britain apply for membership to the EEC?

Answer 12

‘63 & ‘67. Rejected because insisted on concessions for the Commonwealth.

Question 13

What deeply affected the Commonwealth status quo?

Answer 13

The sterling devaluation of 1967 which destroys sterling area and faith in the currency.