Definition of Sterling bloc
1. Noun. The group of countries whose currencies are tied to the British pound sterling.
Sterling Bloc Pictures
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Lexicographical Neighbors of Sterling Bloc
Literary usage of Sterling bloc
Below you will find example usage of this term as found in modern and/or classical literature:
1. Food Subsidies in Egypt: Their Impact on Foreign Exchange and Trade by Grant McDonald Scobie (1983)
"The ensuing negotiations about convertibility finally led to Egypt's withdrawal from the sterling bloc in late 1947. The lack of hard currency caused Egypt ..."
2. The Living Age by Making of America Project, Eliakim Littell, Robert S. Littell (1844)
"The pound, however, even today remains too expensive to permit the continuation or resumption of many imports from the sterling bloc countries, and imports ..."
3. Sea-Changes: American Foreign Policy in a World Transformed by Nicholas X. Rizopoulos (1990)
"... the dollar bloc in the Western Hemisphere, the British Commonwealth sterling bloc, and the Japanese Co-Prosperity Sphere in East Asia. ..."
4. A History of Money and Banking in the United States: The Colonial Era to by Murray Newton Rothbard (2002)
"In the confused middle were the British and the sterling bloc, who wanted price reflation and cheap credit, but also wanted eventual return to the gold ..."
5. Government Policy and Food Imports: The Case of Wheat in Egypt by Grant MacDonald Scobie (1981)
"... the consumer subsidy was reduced in the light 'of the country's reduced capacity to import, especially from outside the sterling bloc. ..."
6. Power, Competition, and the State by Keith Middlemas (1986)
"That, and the way the construction of the IMF appeared to threaten the sterling bloc, may explain firstly why in 1944 the Bank of England attempted to ..."
7. In Danger Undaunted: The Anti-Interventionist Movement of 1940-1941 As by Justus D. Doenecke (1990)
"... good for the purchase of products made in countries belonging to the sterling bloc, consisting mainly of the territories making up the British Empire. ..."