Amann, Edmund (contributor); Baer, Werner (contributor) - 2002 - [Elektronische Ressource]
a liberalised trade regime, an anchor
3
Diaz Alejandro (1981) p.221 … the wisdom of the use of an overvalued exchange rate due to its negative
impact on the balance of trade (i.e. hurting the …
throughout the second half of the decade. As can be seen in Table 2, the trade balance
which had been positive since 1981 turned …