Finance & Development, June 1965

Nopic
This paper analyzes the effect of rapid inflation on a country's international position. The paper highlights that when prices and costs in any country rise rapidly, goods produced in the country soon become more expensive than similar goods produced abroad. Unless the exchange rate changes, this encourages imports and discourages exports. As... READ MORE...

Publication date: June 1965
ISBN 9781616352783
$7.50

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