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Category Archives: Budget
McKinnon’s Claim that RMB-$ Appreciation Would Not Reduce Trade Imbalances
The International Economy magazine (Winter 2013) asks 16 authorities, “Can Changes in Exchange Rate Valuations Affect Trade Imbalances?“ It is referring to the claim in a recent book by Stanford economist Ron McKinnon that pressure on China to let the renminbi … Continue reading
Posted in Budget, China, Dollar, Exchange Rates
Tagged budget, China, Dollar, exchange rates
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