Exchange Rate Volatility and World Trade
July 8, 1984
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In View of the continuation of substantial movements in exchange rate relationships among major currencies, the recent increase in protectionist pressures, and the disappointing performance of world trade, renewed concern has been expressed about the possible adverse effects of exchange rate variability on trade. Against the background of this concern, the following decision was reached at the ministerial meeting of the General Agreement of Tariffs and Trade (GATT) in November 1982.
Subject: Currencies, Exchange rates, Floating exchange rates, Foreign exchange, International trade, Money, Real exchange rates, Trade balance
Keywords: Currencies, exchange rate, exchange rate fluctuation, exchange rate movement, exchange rate uncertainty, exchange rate variability, exchange rate volatility, Exchange rates, Floating exchange rates, Global, nominal exchange rate, North America, Northern Europe, OP, Real exchange rates, trade, Trade balance
Pages:
69
Volume:
1984
DOI:
Issue:
005
Series:
Occasional Paper No. 1984/005
Stock No:
S028EA0000000
ISBN:
9781557750655
ISSN:
0251-6365
