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Currency conflict and trade policy : a new strategy for the United States / C. Fred Bergsten and Joseph E. Gagnon.

By: Contributor(s): Material type: TextTextPublisher: Washington, DC : Peterson Institute for International Economics, 2017Copyright date: ©2017Description: 1 online resourceContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9780881327250
  • 0881327255
Subject(s): Genre/Form: Additional physical formats: Print version:: Currency conflict and trade policy.DDC classification:
  • 332.4/50973 23
LOC classification:
  • HG3903 .B47 2017
Online resources:
Contents:
Introduction -- The key conceptual issues -- A decade of manipulation 2003-14 -- The current construct -- Policy options -- Conclusions and recommendation.
Summary: Conflicts over currency valuations are a recurrent feature of the modern global economy. To strengthen their international competitiveness, many countries resort to buying foreign currencies to make their exports cheaper and their imports more expensive. In the first decade of the twenty-first 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. How damaging is the practice of currency manipulation'and how extensive is the problem' This book by C. Fred Bergsten and Joseph E. Gagnon'two leading experts on trade, investment, and the effects of currency manipulation'traces the history, causes, and effects of currency manipulation and analyzes a range of policy responses that the United States could adopt. The book is an indispensable guide to a complex and serious problem and what might be done to solve it.
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Introduction -- The key conceptual issues -- A decade of manipulation 2003-14 -- The current construct -- Policy options -- Conclusions and recommendation.

Online resource; title from digital title page (viewed on March 29, 2018).

Includes bibliographical references and index.

Conflicts over currency valuations are a recurrent feature of the modern global economy. To strengthen their international competitiveness, many countries resort to buying foreign currencies to make their exports cheaper and their imports more expensive. In the first decade of the twenty-first 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. How damaging is the practice of currency manipulation'and how extensive is the problem' This book by C. Fred Bergsten and Joseph E. Gagnon'two leading experts on trade, investment, and the effects of currency manipulation'traces the history, causes, and effects of currency manipulation and analyzes a range of policy responses that the United States could adopt. The book is an indispensable guide to a complex and serious problem and what might be done to solve it.

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