International Trade and Exchange Rate Policy
G. R. Steele
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G. R. Steele: University of Lancaster
Chapter 9 in Monetarism and the Demise of Keynesian Economics, 1989, pp 85-99 from Palgrave Macmillan
Abstract:
Abstract How is it that trade takes place within national boundaries without attracting the attention given to international transactions? Why is it that governments insist upon supervision, documentation and detailed analysis of the latter, while leaving domestic trade unencumbered? After all, the geographical division of the world into sovereign states is of no relevance to those principles which determine the efficiency of the market process in allocating resources.
Keywords: Exchange Rate; Money Supply; Trade Deficit; Current Account Deficit; Exchange Rate Policy (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-09994-8_9
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DOI: 10.1007/978-1-349-09994-8_9
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