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The Exchange Rate and the Trade Balance: Insular Versus Open Economies

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Evolution of the International and Regional Monetary Systems
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Abstract

The relationship between the exchange rate and the trade balance has been at the centre of post-war controversies on how exchange rate regimes among the major industrial economies should be organised.

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© 1991 Alfred Steinherr and Daniel Weiserbs

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McKinnon, R.I. (1991). The Exchange Rate and the Trade Balance: Insular Versus Open Economies. In: Steinherr, A., Weiserbs, D. (eds) Evolution of the International and Regional Monetary Systems. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-11061-2_7

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