A critique of monetary protectionism

W. Lee Hoskins and Owen Humpage

Economic Commentary, 1990, issue May

Abstract: An argument against attempts to achieve current-account objectives through monetary manipulation of nominal exchange rates, with an explanation of why such tampering--which for various reasons might appear politically attractive--ultimately harms economic welfare.

Keywords: Monetary policy; Foreign exchange - Law and legislation (search for similar items in EconPapers)
Date: 1990
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