In order to regulate the conversion from a planned to a market economy, the governments of the GDR and the FRG negotiated a treaty on the creation of a monetary, economic, and social union. The treaty detailed the process of introducing the DM [Deutschmark], spelled out the provisions for monetary …
Leer »Finance Convention (Bonn, 26 May 1952)
The United States of America, the United Kingdom of Great Britain and Northern Ireland, and the French Republic, of the one part, and the Federal Republic of Germany, of the Other Part, Agree as Follows: Article 1 In the present Convention the following terms shall, unless the context otherwise …
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