Money, Manufacturing, and the Strong Dollar

Humpage, Owen F.
July 2001
Economic Commentary;Jul2001, p1
Trade Publication
Argues that monetary policy cannot alter the international competitiveness of U.S. firms by manipulating exchange rates. Manner in which the U.S. Central Bank can influence the competitiveness of a firm; Difference between nominal exchange rates and real exchange rates; Effect of the role of foreign savings in the appreciation of the U.S. dollar on investments in the U.S.


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