Exchange Rates: How They Effect Prices and Quantities in the INFORUM-ERI International System of Macroeconomic Input-Output Models
This section describes the effects of exchange rates on prices and quantities in each of the national input-output models that are a part of the INFORUM linked system of models, and then how these national effects interact in the entire system. An alternative projection of exchange rates where the rates are fixed at their June 1985 values is used in the entire system and the results interpreted. The seven countries for whom we have models are the USA, Canada, Japan, West Germany, France, Italy and Belgium.
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