Part 1 Institutional and policy context: institutional determinants of foreign trade behaviour; policy determinants of foreign trade behaviour. Part 2 Foreign trade decision making: the efficiency of foreign trade and the exchange rate; the PE offer curve; other issues. Part 3 Foreign trade and the macroeconomy: system-determined statistical problems in macroeconomic analysis; internal and external balance. Part 5 Economic reform and foreign trade: institutional arrangements of the modified planned economy; foreign trade decision making in the MPE; foreign trade and the macroeconomy.