(Download) "Dealing with Exchange Rate Protectionism." by The Cato Journal * Book PDF Kindle ePub Free
eBook details
- Title: Dealing with Exchange Rate Protectionism.
- Author : The Cato Journal
- Release Date : January 01, 2005
- Genre: Politics & Current Events,Books,
- Pages : * pages
- Size : 234 KB
Description
In this article, I first review protectionist allegations against China, particularly that its currency is undervalued and is being manipulated so that the renminbi (RMB) will not appreciate. Next, I discuss China's reasons for not changing its foreign exchange policies for the time being. Finally, I assess the U.S. position on the conditions it faces that have led it to pressure China to change those policies forthwith. In a postscript I mention what China must do before planning an exit from its present exchange rate regime. The Complaint against China
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