„International Trade and Exchange Rates in the Late Eighties“
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„International Trade and Exchange Rates in the Late Eighties“
Credit and Capital Markets – Kredit und Kapital, Vol. 19 (1986), Iss. 2 : pp. 292–298
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Karlhans Sauernheimer, Essen
Abstract
Conference on “International Trade and Exchange Rates in the Late Eighties”
The conference on “International Trade and Exchange Rates in the Late Eighties” was marked by a whole series of interesting papers on theoretical, economic-policy and empirical aspects of trade and exchange rates. Excellent overview papers on the current state and development perspectives of trade theory (Deardorff) and exchange rate theory (Branson) gave an introduction to the subject matter. L. Klein discussed the impact of an import surcharge, Steinherr inquired into the effects of the anticipated real $ devaluation on the European countries. Lastly, the paper by Crockett was worthy of note, which ventilated the causes and effects of exchange rate fluctuations and sees the need for surveillance by the IMF.