Journal Article
A critique of monetary protectionism
Abstract: An argument against attempts to achieve current-account objectives through monetary manipulation of nominal exchange rates, with an explanation of why such tampering--which for various reasons might appear politically attractive--ultimately harms economic welfare.
Keywords: Monetary policy; Foreign exchange - Law and legislation;
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1990
Issue: May
Order Number: 2