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The dollar and U.S. imports after 1985

Thomas Klitgaard

Quarterly Review, 1993, vol. 18, issue Aut, 20-36

Abstract: Despite a steep drop in the dollar's value, imports continued to grow much faster than domestic sales after 1985. The resilience in the demand for imports raised concern that foreign producers in the first half of the 1980s had gained long-term advantages in U.S. markets that diminished the impact of the dollar's fall. This article investigates whether the dollar in fact retained its power to influence the demand for foreign goods.

Keywords: Dollar, American; Imports (search for similar items in EconPapers)
Date: 1993
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Handle: RePEc:fip:fednqr:y:1993:i:aut:p:20-36:n:v.18no.3