Multiple Exchange Rates for Commercial Transactions
Published Date
Copyright 1986
ISBN 0226184692
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Copy CitationRudiger Dornbusch, Economic Adjustment and Exchange Rates in Developing Countries (University of Chicago Press, 1986), chap. 4, https://www.nber.org/books-and-chapters/economic-adjustment-and-exchange-rates-developing-countries/multiple-exchange-rates-commercial-transactions.
Published From Paper
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Working Paper
The exchange rate consistent with high employment and a balanced current account are rarely the same as the rates...
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