Occasional Paper
The International Role of the Dollar and Trade Balance Adjustment
Author(s): Goldberg, Linda; Tulle, Cédric
Year: 2006
Pages: 46
ISBN: 1-56708-135-5
With the ongoing debate on the strength of the exchange rate instrument in trade-balance adjustment, this paper argues that attention should be paid to the special international role of the dollar as a vehicle currency and as a unit of currency.
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