Kravis, Irving B.; Lipsey, Robert E.; Kalter, Eliot R.J - 2022
assumptions have until very recently usually been made about it. We refer to the relation of exchange rate changes, export prices …, resulted in a corresponding decline in the price of U.S. exports in foreign currencies. However, the possibility that a change … in the exchange rate might also alter the relationship between the export price and the domestic price of a given product …