Economics, Econometrics and Finance
4 years ago

Volatile currency movements and trade deficits have minimal long-term benefits.

Journal of Philippine development
Currency Devaluations, Product Pricing and Trade Deficits
David Aviel

Paper Summary

Currency movements and trade volumes don't really affect each other much in real life. Fluctuating currencies and trade deficits aren't good in the long run. The researchers suggest ways to handle these issues.

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