Monetary and Exchange Rate Arrangements for Nafta /

This paper considers the extent to which the North American Free Trade Area (NAFTA) meets the criteria for a common currency area. NAFTA is compared with the EC, a regional grouping for which initial plans for a monetary union are already in place. Most of the anticipated benefits from a monetary un...

詳細記述

書誌詳細
第一著者: Eichengreen, Barry
その他の著者: Bayoumi, Tamim
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 1993.
シリーズ:IMF Working Papers; Working Paper ; No. 1993/020
オンライン・アクセス:Full text available on IMF
その他の書誌記述
要約:This paper considers the extent to which the North American Free Trade Area (NAFTA) meets the criteria for a common currency area. NAFTA is compared with the EC, a regional grouping for which initial plans for a monetary union are already in place. Most of the anticipated benefits from a monetary union in the EC apply with equal force to NAFTA. However, because the underlying disturbances are more diverse across members of NAFTA, the costs of abandoning the exchange rate instrument are likely to be higher. This is particularly true when NAFTA is compared to the EC's continental core.
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物理的記述:1 online resource (54 pages)
フォーマット:Mode of access: Internet
ISSN:1018-5941
アクセス:Electronic access restricted to authorized BRAC University faculty, staff and students