AIMS OF OUR FOREIGN INVESTMENT POLICY.

The article discusses foreign investment and international trade policy in postwar United States. Commercial policy and the balance of payments issue affect the domestic economy's employment, production, and national income. A short run investment policy--to curb inflationary pressure--needs to avoid increasing a demand for American products where there is a shortage and avoid financing a foreign investment through the U.S. Treasury's public debt program. The medium and long-run objectives are related to economic stabilization, full employment, and industrial reconversion. Topics include debtor countries that have an import surplus on their merchandise account with the United States, the trade position of creditor countries, and scarcity of the dollar supply in the world market.