The International Role of the Dollar and Trade Balance Adjustment
by: Linda Goldberg and Cédric Tulle
2006, 46 pages
Type: Occasional Paper
ISBN: 1-56708-135-5
Price: $10.00
Keywords: Trade, Monetary Policy
by: Linda Goldberg and Cédric Tulle
2006, 46 pages
Type: Occasional Paper
ISBN: 1-56708-135-5
Price: $10.00
Keywords: Trade, Monetary Policy
With the ongoing debate on the strength of the exchange rate instrument in trade-balance adjustment, this paper argue that attention should be paid to the special international role of the dollar as a vehicle currency and as a unit of currency.
