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Since the introduction of the system of floating exchange rates policy-makers have been troubled by uncertainties regarding the effects of this system on international trade. Do exchange rate changes affect trade flows? Can governments manipulate exchange rates? Have countries been “injured”...
Persistent link: https://www.econbiz.de/10011469902
Since the introduction of the system of floating exchange rates policy-makers have been troubled by uncertainties regarding the effects of this system on international trade. Do exchange rate changes affect trade flows? Can governments manipulate exchange rates? Have countries been “injured”...
Persistent link: https://www.econbiz.de/10011554226
Arguments in support of the view that trade provisions are an essential part of certain multilateral environmental agreements (MEAs) can be categorized as follows: (1) such provisions are necessary on grounds of economic efficiency (optimal intervention or lowest overall cost), or (2) they are...
Persistent link: https://www.econbiz.de/10005077349
Persistent link: https://www.econbiz.de/10001513090
The paper agues that experience and empirical evidence have shown that Africa’straditional trade-focused model of regional integration has failed not only in promotingintra-regional and African trade but also economic growth. However, regional integrationremains a basic ingredient towards the...
Persistent link: https://www.econbiz.de/10009019316