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Evaluating the price competitiveness of U.S. exports

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Author Info
Thomas Klitgaard
James Orr

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Abstract

An index developed by the authors is used to track the U.S. dollar's performance against a number of foreign currencies. The authors' comparison of the index with the relative export growth rates of Japan and Germany suggests that in the 1990s the dollar stayed near levels that put the United States and its main export rivals on an equal footing. Nevertheless, the dollar's rise in 1997, if sustained, will make it more difficult for U.S. firms to keep pace with their competitors.

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Publisher Info
Article provided by Federal Reserve Bank of New York in its journal Current Issues in Economics and Finance.

Volume (Year): (1998)
Issue (Month): Feb ()
Pages:
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Handle: RePEc:fip:fednci:y:1998:i:feb:n:v.4no.2

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Related research
Keywords: Foreign exchange ; Dollar; American;

References listed on IDEAS
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  1. Thomas Klitgaard, 1996. "Coping with the rising yen: Japan's recent export experience," Current Issues in Economics and Finance, Federal Reserve Bank of New York, issue Jan. [Downloadable!]
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This page was last updated on 2009-12-9.

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