But the assumption that trade flows respond only to changes in currency values is wrong.

Instead, the nation focused on the trade flow of industrial goods and the problems that many American industries were having in competing with foreign companies.

Nevertheless, trade flows are an important factor in the long-term direction of a currency's exchange rate.

The absolute values are needed because these changes in trade flows can sometimes be negative.

Analysts said the results were an aberration and did not reflect any significant shift in trade flows.

The agreement would last for a period of twelve months as from 1 July 1949, with a dual trade flow amounting to about £55 million.

Play two tables and let trade flow between the tables.

"The normal trade flow should not be linked up with the nuclear issue," he said.

Enhanced trade flows are part of the solution towards food security.

Ladies and gentlemen, trade flows should not start to take a different course on account of differences in customs control.