Trade Policy and Macroeconomic Balance in the World Economy.

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 p...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1988.
Series:IMF Working Papers; Working Paper ; No. 1988/101
Online Access:Full text available on IMF