单词 | epu |
释义 | > as lemmasEPU EPU n. now historical European Payments Union, an organization formed in 1950 by the Organization for European Economic Cooperation to provide an automatic mechanism for the multilateral settlement of the accounts of its members.The EPU was dissolved in 1958. ΚΠ 1950 Economist 4 Feb. 281/1 A complete refusal to allow any usurpation by the EPU of the existing bilateral payments agreements and their overdraft facilities. 1954 Amer. Econ. Rev. 44 976 This will have to be approached via a gradual removal of restrictions, led by Britain and the EPU countries. 2001 R. Holt Second amongst Equals (2002) ii. 67 The Americans put cash into the fund..and all the participants committed themselves to tariff cuts, thereby ensuring that the EPU doubly facilitated the expansion of intra-European trade. < as lemmas |
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