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Soviet-American trade peaked in 1979 at US$4.5 billion, exactly 1 percent of total United States trade. The Soviet Union continuously ran a trade deficit with the United States in the 1970s and early 1980s, but from 1985 through 1987 the Soviet Union cut imports from the United States while maintaining its level of exports to balance trade ...
The Soviet Union's relatively medium consumer sector accounted for just 60% of the country's GDP in 1990 while the industrial and agricultural sectors contributed 22% and 20% respectively in 1991. Agriculture was the predominant occupation in the Soviet Union before the massive industrialization under Soviet general secretary Joseph Stalin.
In the last of its years, the Soviet Union's debt began accumulating on an alarming rate into clearing accounts. As a result, the Soviet Union started to pay the deficits with oil, a good with little value added and easily exchangeable to hard currency, which militated against the principle of bilateral trade. With the dissolution of the Soviet ...
The Union of Soviet Socialist Republics [r] (USSR), [s] commonly known as the Soviet Union, [t] was a transcontinental country that spanned much of Eurasia from 1922 to 1991. During its existence, it was the largest country by area , extending across eleven time zones and sharing borders with twelve countries , and the third-most populous country .
The history of the Soviet Union from 1964 to 1982, referred to as the Brezhnev Era, covers the period of Leonid Brezhnev's rule of the Union of Soviet Socialist Republics (USSR). This period began with high economic growth and soaring prosperity but ended with a much weaker Soviet Union facing social, political, and economic stagnation.
Territories of the Soviet Union and Nazi Germany until 1937. After the Nazis rose to power in Germany in 1933, relations between Nazi Germany and the Soviet Union began to deteriorate rapidly. Trade between the two sides decreased. Following several years of high tension and rivalry, the two governments began to improve relations in 1939.
A membership card of the All-Union Central Council of Trade Unions of the USSR. The slogan was that "the trade unions are a school of communism.". Trade unions in the Soviet Union, headed by the All-Union Central Council of Trade Unions (VTsSPS or ACCTU in English), had a complex relationship with industrial management, the Communist Party of the Soviet Union, and the Soviet government, given ...
The Soviet Union is seen in red while states in light pink were satellites; Yugoslavia, a communist state that was a Soviet ally until 1948, is marked in purple; and Albania, a communist state which ceased being allied to the Soviet Union in the 1960s after the Sino-Soviet split, is marked in orange