Currency Conflict and Trade Policy: A New Strategy for the United States

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Currency Conflict and Trade Policy: A New Strategy for the United States

Author :
Rating : 4.68 (975 Votes)
Asin : 0881327263
Format Type : paperback
Number of Pages : 230 Pages
Publish Date : 2016-02-18
Language : English

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He is serving his second term as a member of the President's Advisory Committee for Trade Policy and Negotiations and was co-chairman of the Private Sector Advisory Group to the United States–India Trade Policy Forum, comprising the trade ministers of those two countries, during 2007–14.Joseph E. Fred Bergsten, senior fellow and director emeritus, was the founding director of the Peterson Institute for International Economics (formerly the Institute for International Economics) from 1981

How damaging is the practice of currency manipulationand how extensive is the problem? This book by C. To strengthen their international competitiveness, many countries resort to buying foreign currencies to make their exports cheaper and their imports more expensive. Gagnontwo leading experts on trade, investment, and the effects of currency manipulationtraces the history, causes, and effects of currency manipulation and analyzes a range of policy responses that the United States could adopt. Conflicts over currency valuations are a recurrent feature of the modern global economy. In the first decade of the 21st century, for example, China's currency manipulation practices were so flagrant that they produced a backlash in the United States and other trading partners, prompting threats of retaliation. Fred Bergsten and Joseph E. The book is an indispensable guide to a complex and serious problem and what might be done to solve it.

He is serving his second term as a member of the President's Advisory Committee for Trade Policy and Negotiations and was co-chairman of the Private Sector Advisory Group to the United States–India Trade Policy Forum, comprising the trade ministers of those two countries, during 2007–14.Joseph E. C. Previously he served at the US Federal Reserve Board as associate director, Division of Internationa

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