Britain emerged from the war in a relatively favourable position, compared to its European neighbours. In 1946 industrial production was as high as at any time pre-war, and increasing quite fast. By the end of the year exports had regained their pre-war level along with this there was little unemployment and retail prices remained fairly stable. ... Initially post war Britain had a Labour government. ... In 1955 a congress was held on the creation of a general customs union, to which Britain did not deem important enough to send more than a civil servant. ...

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• Grade Level: High School