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What is the Marshal Plan?
Marshal Plan:
The Marshal Plan noticed massive aid to post war Europe that led to quick recovery. That Marshal Aid helped but the accurate social, institutional, political and cultural conditions previously in place.
Aid was an essential but not adequate condition for growth.
BALANCE OF PAYMENTS: The record of all transactions (trade and financial) of the residents of one country with the rest of the world is Balance of Payments (BoP). The directio
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