Download or read book Floating Exchange Rates Impact on International Trading written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1985 with total page 614 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Exchange Rates Trade and the U S Economy written by John Tirman and published by . This book was released on 1985 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: These essays review recent advances in exchange rate analysis and new empirical analysis of the behavior of exchange rates and their effects on international trade and the U.S. economy. The first section deals with the determination of exchange rates and their alleged volatility and disequilibrium levels. The second section concerns the effects of flexible exchange rates on international trade, and the third treats the macroeconomic linkages between economies and international influences on the U.S. economy. ISBN 0-88410-948-8 : $39.95.
Download or read book Exchange Rates and Prices written by William R. Smith and published by Routledge. This book was released on 2017-04-21 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1996. This study looks at the impact of exchange rate fluctuation on the pricing practices of foreign industries that import into the United States market. It presents several studies of the pass-through behaviour of over 100 disaggregated commodity groups with bi-lateral exchange rates. The book presents analysis of specific competitors and their individual pricing responses to exchange rate changes, adding significantly to pricing theory as well as being useful for marketers in predicting business responses.
Download or read book Exchange Rate Volatility and World Trade written by International Monetary Fund and published by International Monetary Fund. This book was released on 1984-07-08 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book International Trade and Exchange Rates in the Late Eighties written by Theo Peeters and published by . This book was released on 1985 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade and Investment Performance Under Floating Exchange Rates written by International Monetary Fund and published by International Monetary Fund. This book was released on 1988-05-03 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contrary to the arguments of several scholars, we have failed to find either a conclusive theoretical case or clear empirical evidence of an effect, harmful or otherwise, of exchange rate variability (as measured by either short-term volatility or long-run misalignment) on overall levels of international trade. In this paper, after reviewing the theories and evidence on this issue, we go on to consider the impact of exchange rate variability on direct foreign investment. We summarize and amplify upon the scant theoretical literature of this issue, and proceed to test U.S. data for the presence of such an impact. We find none.
Download or read book Floating Exchange Rates in an Interdependent World written by United States. General Accounting Office and published by . This book was released on 1984 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Floating Exchange Rates and the State of World Trade and Payments written by David Bigman and published by Beard Books. This book was released on 2003-03 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzes developments in the international monetary system since 1973, with anew added epilogue.
Download or read book International Trade written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-07 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: In response to a congressional request, GAO provided information on the floating exchange rate regime's compatibility with the international trading system's principles and U.S. trade laws to determine: (1) how exchange rate fluctuations can affect import relief the Trade Act of 1974 grants under section 201; (2) whether exchange rate changes alter the findings and the protection of the antidumping and countervailing duty laws; and (3) whether General Agreement on Tariffs and Trade (GATT) goals, principles, and remedies are compatible with a system of floating exchange rates. GAO found that: (1) exchange rates influence the effectiveness of tariffs in protecting domestic industries; (2) if the dollar appreciates relative to other currencies after imposition of a tariff, the domestic industries' protection would diminish; (3) when exchange rate changes impair the ability of tariffs to protect industries that have obtained relief under the Trade Act's provision, they create substantive problems in achieving the law's objectives; (4) quantitative restrictions on imports impose considerable economic costs on the country seeking to limit imports; and (5) GATT favors tariff protection, rather than quantitative restrictions, since tariffs create less trade distortion, are less burdensome, and are a less ambiguous form of protection.
Download or read book International Trade and Finance written by Robert E. Baldwin and published by . This book was released on 1986 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapters focus on the following: Can America compete? Is the U.S. deindustralizing? ; Import protection vs. open trade ; Responding to trade-distorting policies of other countries ; Background and issues in new trade negotiations ; Trade policies in developing countries ; Multinational enterprises ; Are current exchange-rate systems working? ; Background and issues in international monetary reform ; International debt problems ; Structural and institutional change in international finance.
Download or read book The Implications of Managed Floating Exchange Rates for U S Trade Policy written by Isaiah Frank and published by . This book was released on 1979 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Functioning of Floating Exchange Rates written by David Bigman and published by Cambridge, Mass. : Ballinger. This book was released on 1980 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effect Of Exchange Rate Volatility On Exports written by Emmanuel Erem and published by GRIN Verlag. This book was released on 2019-03-20 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2018 in the subject Economics - International Economic Relations, grade: A, National University of Ireland, Maynooth (Department of Economics, Finance and Accounting), course: MSc Economic and Financial Risk Analysis, language: English, abstract: The purpose of this thesis is to examine the effect of real exchange rate volatility between the Canadian and US dollars on real exports from Canada to US. The study uses quarterly data from 1960-2017. The GARCH (1, 1) is used to model exchange rate volatility. After finding the variables are non-stationary with no co-integration, a VAR (Vector Auto regression) model is used to investigate the short-run relationship in the variables using Granger causality, impulse response functions and variance decomposition estimates. The results reveal that the effect of exchange rate volatility is of mixed signs with coefficients that are not statistically significant. The thesis is divided into 7 chapters; chapter 2 gives an overview of important literature and contributions by researchers over the years specifically covering the relationship between exchange rate volatility and trade, exchange rate regimes, exchange rate target zones and inflation targeting. Chapter 3 presents the model and data used, definitions of the variables and the predictions of the model. Chapter 4 gives a theoretical and econometric overview of the unit root and co-integration tests. Chapter 5 gives the data output of the empirical results and discussions of test results. This output is presented using graphs and tables. Chapter 6 is a presentation of the limitations of the model and possible areas of improvement. Lastly, chapter 7 concludes and gives policy recommendations moving forward. Exchange rates are a key player in any economy that is engaging in international trade. A stable monetary policy system and financial sector play a key role in ensuring the exchange rate stability of the currency of a country. Firms and traders rely on prevailing exchange rates to forecast amounts to produce, import and export; thus are very much affected by the exchange rate volatility. In addition to this, there is a currency conversion cost in international trade. Traders use a number of products in financial markets to hedge against currency fluctuations; these include among others forwards contracts. This is especially true for short-term hedging than long-term hedging.
Download or read book Floating Exchange Rates in Developing Countries written by Peter J. Quirk and published by International Monetary Fund. This book was released on 1987-05-15 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, an increasing number of developing countries have adopted market-determined floating exchange rates. This development has represented a significant step forward in the evolution toward exchange rate flexibility that has taken place in the developing country group since the adoption of generalized floating by industrial countries in 1973.
Download or read book Exchange rates trade and the U S economy written by and published by . This book was released on 1985 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Export Policy Oversight on the effect of floating exchange rates on U S exports written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on International Finance and published by . This book was released on 1978 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Flexible Exchange Rates for a Stable World Economy written by Joseph E. Gagnon and published by Peterson Institute. This book was released on 2011 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volatile exchange rates and how to manage them are a contentious topic whenever economic policymakers gather in international meetings. This book examines the broad parameters of exchange rate policy in light of both high-powered theory and real-world experience. What are the costs and benefits of flexible versus fixed exchange rates? How much of a role should the exchange rate play in monetary policy? Why don't volatile exchange rates destabilize inflation and output? The principal finding of this book is that using monetary policy to fight exchange rate volatility, including through the adoption of a fixed exchange rate regime, leads to greater volatility of employment, output, and inflation. In other words, the "cure" for exchange rate volatility is worse than the disease. This finding is demonstrated in economic models, in historical case studies, and in statistical analysis of the data. The book devotes considerable attention to understanding the reasons why volatile exchange rates do not destabilize inflation and output. The book concludes that many countries would benefit from allowing greater flexibility of their exchange rates in order to target monetary policy at stabilization of their domestic economies. Few, if any, countries would benefit from a move in the opposite direction.
