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Commercial Policy Under Fixed and Flexible Exchange Rates

Edward Tower

Simon Fraser University

Quarterly Journal of Economics 1973 open access

I. Is devaluation deflationary? 437. — II. The Keynesian model, 442. — III. Commercial policy under fixed rates, 446. — IV. Commercial policy under flexible rates, 449. — V. The terms-of-trade effect can be zero or negative, 452. — VI. Concluding remarks, 453.

DOI
10.2307/1882014
Volume
87 (3)
Pages
436
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Sources
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