Real Adjustment Processes under Floating Exchange Rates (eBook, PDF)
eBook, PDF

Real Adjustment Processes under Floating Exchange Rates (eBook, PDF)

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Flexible exchange rates pose new adjustment problems for firms and for policy-makers. It is shown that (some) firms have developed successful strategies to meet the new challenges. On the other hand, government interventions are often inappropriate. The book deals with the different strategies developed by firms and policy-makers and their consequences.

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