Exchange Rates, Trade, and the U.S. Economy

Exchange Rates, Trade, and the U.S. Economy PDF

Author: John Tirman

Publisher:

Published: 1985

Total Pages: 328

ISBN-13:

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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.

Exchange Rates and Prices

Exchange Rates and Prices PDF

Author: William R. Smith

Publisher: Routledge

Published: 2017-04-21

Total Pages: 198

ISBN-13: 135175131X

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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.

Trade and Investment Performance Under Floating Exchange Rates

Trade and Investment Performance Under Floating Exchange Rates PDF

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1988-05-03

Total Pages: 24

ISBN-13: 1451977700

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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.

Exchange Rate Volatility and World Trade

Exchange Rate Volatility and World Trade PDF

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1984-07-08

Total Pages: 76

ISBN-13: 9781557750655

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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.