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Discussion of the Paper by Professor Kindleberger

  • Charles P. Kindleberger
  • Andrew Shonfield
Part of the International Economic Association Series book series (IEA)

Abstract

Professor Sohmert said that in the first part of his paper Professor Kindle- berger held that arguments for ‘cosmopolitan’ policy solutions were economic; arguments against were mostly political. Many countries and their inhabitants had different preferences. There was a case for allowing them to pursue these to some extent, even if this led to non-optimal results in purely economic terms.

Keywords

Exchange Rate Monetary Policy Comparative Advantage Multinational Corporation Currency Area 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© International Economic Association 1971

Authors and Affiliations

  • Charles P. Kindleberger
  • Andrew Shonfield

There are no affiliations available

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