EXCHANGE RATE RISK, DOLLAR APPRECIATION, AND U.S. EXPORT CREDIT PROGRAMS

Timothy M. Baxter and Mark E. Smith

No 277944, Staff Reports from United States Department of Agriculture, Economic Research Service

Abstract: Exchange rates clearly influence U.S. agricultural exports. One particular area of concern is the influence of exchange rate risk and dollar appreciation on the Commodity Credit Corporation's (CCC) export credit guarantee programs. This report examines whether it would be worthwhile to institute an exchange rate guarantee program covering credit repayments under the CCC's export credit programs. Using the GSM-102 program experience during fiscal years 1980-85 as a guide, the evidence suggests that an exchange guarantee program probably should not be adopted.

Keywords: International Relations/Trade; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 46
Date: 1987-09
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerssr:277944

DOI: 10.22004/ag.econ.277944

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