Exchange Rate Volatility and World Trade
International Monetary Fund
No 1984/005, IMF Occasional Papers from International Monetary Fund
Abstract:
In View of the continuation of substantial movements in exchange rate relationships among major currencies, the recent increase in protectionist pressures, and the disappointing performance of world trade, renewed concern has been expressed about the possible adverse effects of exchange rate variability on trade. Against the background of this concern, the following decision was reached at the ministerial meeting of the General Agreement of Tariffs and Trade (GATT) in November 1982.
Keywords: OP; exchange rate variability; exchange rate; nominal exchange rate; exchange rate movement; trade; exchange rate fluctuation; exchange rate volatility; exchange rate uncertainty; Exchange rates; Trade balance; Real exchange rates; Currencies; Floating exchange rates; Global; North America; Northern Europe (search for similar items in EconPapers)
Pages: 69
Date: 1984-07-08
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