Volume VIII – Number 2
John P. Hardt
Abstract: As the Soviet Union expands into the international marketplace, it is confronting a large trade deficit with the United States and other world powers. This deficit cannot continue as it is; the Soviet Union must examine its options for systematic changes to its marketplace to remedy this issue and allow further growth into international markets. In this article, systemic pressures faced by the Soviet Union are identified and possible solutions examined. Solutions to the problems facing the Soviet Union include potential Arab-Soviet collusion, the opening of credit lines through countries such as the United States or Japan, and formally joining the International Monetary Fund. While numerous viable solutions exist, both the Soviet Union and the United States must be willing to make systematic adjustments.
Key Terms: Soviet Union, U.S.S.R, United States, Balance of payments, international trade, International Monetary Fund. World Bank, OPEC, export-import
