Economic Cooperation Administration
To further the cultural propagation effect of the Blum–Byrnes agreements, the informational Media Guaranty Program was established in 1948 as part of the Economic Cooperation Administration to "guarantee that the US government would convert certain foreign currencies into dollars at attractive rates, provided the information materials earning the moneys reflected appropriate elements of American life". This allowed American films to be shown to an even broader audience. The US gained a total of 16 million dollars from this program.