WESTERN EUROPE: Up to the Mark

In a Europe caught up in restrictive trade barriers, West Germany's hardhitting Economic Affairs Minister Ludwig Erhard is a rarity: an influential man who wants to lower barriers. Erhard's energetic free-enterprise policy has had a lot to do with West Germany's sensational boom. If he had his way, neighboring countries would junk their restraints on currencies and trade, and everyone would benefit. For a starter, Dr. Erhard called last week for a whole sale revaluing of inflated West European currencies. Only three European currencies, said Erhard, are now valued correctly in terms...

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