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01688cas a2200241 a 4500 |
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AALejournalIMF009964 |
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230101c9999 xx r poo 0 0eng d |
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|c 5.00 USD
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|z 9781451948455
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a Trade Policy and Macroeconomic Balance in the World Economy.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1988.
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|a 1 online resource (22 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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| 500 |
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a The paper explores the relationship between trade policy and current accounts. The effect on the current account of a change in protection at home and then abroad is analyzed, assuming that the exchange rate floats. The 'savings-and-investment approach' is used. It shows that there is no presumption that protection would reduce a deficit. With a fixed exchange rate, the effect on savings and investment is brought about by the reduction in absorption that is required to maintain internal balance when restrictions are imposed. A current account deficit or real appreciation may generate protectionist pressures stimulated by 'conservative resistance.'.
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| 538 |
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1988/101
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1988/101/001.1988.issue-101-en.xml
|z IMF e-Library
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