Raymond Vei-non, in Foreign Em-Wm Trade Affairs (Summer 1979), P.O. Box 2315, Boulder, Colo. 80322.
Growing East-West trade will eventually cause friction in the West and
undeserved financial gains for East Europe's communist regimes.
So contends Vernon, an economist at Harvard Business School. The
inequities inherent in trade between market-based and government-
controlled economies increase with the volume of transactions. (Over
the past 15 years, annual East-West trade has grown from $3.5...