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Interactions Between Exchange Rates and Import Prices: What Have We Learned?

Mina Kim

Annual Report, Globalization and Monetary Policy Institute, 2016, 26-31

Abstract: Globalization has deepened economic interdependence among countries as firms seek to take advantage of international trade to source production where it is cheapest, and investors look to global financial markets to diversify their portfolios. One need only look at the global financial crisis of 2007?08 and the associated global recession to grasp the extent of globalization.

Date: 2016
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