| Currency Conflict and Trade Policy: A New Strategy for the United States Contributor(s): Bergsten, C. Fred (Author), Gagnon, Joseph (Author) |
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ISBN: 0881327263 ISBN-13: 9780881327267 Publisher: Peterson Institute for International Economic OUR PRICE: $25.69 Product Type: Paperback - Other Formats Published: June 2017 |
| Additional Information |
| BISAC Categories: - Business & Economics | Money & Monetary Policy - Business & Economics | Foreign Exchange - Political Science | International Relations - Trade & Tariffs |
| Dewey: 332.450 |
| LCCN: 2016035211 |
| Physical Information: 0.7" H x 5.9" W x 8.9" (0.95 lbs) 230 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |