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Devaluation, Relative Prices, and International Trade

Devaluation, Relative Prices, and International Trade »

Source: Devaluation, Relative Prices, and International Trade : Evidence From Developing Countries

Volume/Issue: 1994/140

Series: IMF Working Papers

Author(s): Carmen Reinhart

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1994

ISBN: 9781451928679

Keywords: cointegration, trade flows, import demand, equation, developing country exports

Devaluation is an integral part of adjustment in many developing countries, particularly relied upon by countries facing large external imbalances. A devaluation can only reduce trade imbalances if it translates to...

Devaluation, Relative Prices, and International Trade
			: Evidence From Developing Countries

Devaluation, Relative Prices, and International Trade : Evidence From Developing Countries »

Volume/Issue: 1994/140

Series: IMF Working Papers

Author(s): Carmen Reinhart

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1994

DOI: http://dx.doi.org/10.5089/9781451928679.001

ISBN: 9781451928679

Keywords: cointegration, trade flows, import demand, equation, developing country exports

Devaluation is an integral part of adjustment in many developing countries, particularly relied upon by countries facing large external imbalances. A devaluation can only reduce trade imbalances if it translates to...