Effects of exchange-rate misalignments on tariffs

Vera Thorstensen, Lucas Ferraz, Emerson Marçal, 4 December 2011



The subject of currency wars and trade wars is gradually gathering interest among scholars and public opinion. In the face of the magnitude of present misalignments and their clear impacts on trade, one may wonder why and how this issue is absent from trade rules and multilateral trade negotiations at the WTO in Geneva.

Topics: Exchange rates, International trade
Tags: exchange-rate misalignment, tariffs, WTO

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