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International trade in a system of floating exchange rates

Author

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  • Blackhurst, Richard
  • Tumlir, Jan

Abstract

Since the introduction of the system of floating exchange rates policy-makers have been troubled by uncertainties regarding the effects of this system on international trade. Do exchange rate changes affect trade flows? Can governments manipulate exchange rates? Have countries been “injured” by exchange rate changes? What are the real costs of international monetary instability? Answers to these key questions are given in the following article.

Suggested Citation

  • Blackhurst, Richard & Tumlir, Jan, 1980. "International trade in a system of floating exchange rates," Intereconomics – Review of European Economic Policy (1966 - 1988), ZBW - Leibniz Information Centre for Economics, vol. 15(6), pages 267-272.
    • Handle: RePEc:zbw:inteco:139707
    DOI: 10.1007/BF02924648
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    Keywords

    International Monetary System;

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