|
|
|
|
| LEADER |
02157nmm a2200469 u 4500 |
| 001 |
EB000925165 |
| 003 |
EBX01000000000000000718761 |
| 005 |
00000000000000.0 |
| 007 |
cr||||||||||||||||||||| |
| 008 |
150128 ||| eng |
| 020 |
|
|
|a 9781451948455
|
| 245 |
0 |
0 |
|a Trade Policy and Macroeconomic Balance in the World Economy
|
| 260 |
|
|
|a Washington, D.C.
|b International Monetary Fund
|c 1988
|
| 300 |
|
|
|a 22 pages
|
| 651 |
|
4 |
|a United States
|
| 653 |
|
|
|a Wealth
|
| 653 |
|
|
|a International Trade Organizations
|
| 653 |
|
|
|a Short-term Capital Movements
|
| 653 |
|
|
|a Current account
|
| 653 |
|
|
|a Saving
|
| 653 |
|
|
|a Trade Policy
|
| 653 |
|
|
|a Current Account Adjustment
|
| 653 |
|
|
|a Balance of payments
|
| 653 |
|
|
|a Import quotas
|
| 653 |
|
|
|a Exports and Imports
|
| 653 |
|
|
|a International economics
|
| 653 |
|
|
|a National accounts
|
| 653 |
|
|
|a Saving and investment
|
| 653 |
|
|
|a International trade
|
| 653 |
|
|
|a Macroeconomics
|
| 653 |
|
|
|a Macroeconomics: Consumption
|
| 653 |
|
|
|a Current account surpluses
|
| 653 |
|
|
|a Current account deficits
|
| 653 |
|
|
|a Private savings
|
| 710 |
2 |
|
|a International Monetary Fund
|
| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
| 989 |
|
|
|b IMF
|a International Monetary Fund
|
| 490 |
0 |
|
|a IMF Working Papers
|
| 028 |
5 |
0 |
|a 10.5089/9781451948455.001
|
| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/1988/101/001.1988.issue-101-en.xml?cid=28219-com-dsp-marc
|x Verlag
|3 Volltext
|
| 082 |
0 |
|
|a 330
|
| 520 |
|
|
|a The paper explores the relationship between trade policy and current accounts. The effect on the current account of a change in protection at home and then abroad is analyzed, assuming that the exchange rate floats. The “savings-and-investment approach” is used. It shows that there is no presumption that protection would reduce a deficit. With a fixed exchange rate, the effect on savings and investment is brought about by the reduction in absorption that is required to maintain internal balance when restrictions are imposed. A current account deficit or real appreciation may generate protectionist pressures stimulated by “conservative resistance.”
|