Competitive Exchange Rate Act of 1985
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Competitive Exchange Rate Act of 1985 report together with additional and minority views (to accompany H.R. 3498) by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs.

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Published by U.S. G.P.O. in [Washington, D.C.? .
Written in English


  • Foreign exchange -- Law and legislation -- United States,
  • Foreign exchange -- United States

Book details:

Edition Notes

SeriesReport / 99th Congress, 1st session, House of Representatives -- 99-456
The Physical Object
Pagination30 p. :
Number of Pages30
ID Numbers
Open LibraryOL14273851M

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The "Plaza Accord" is named after New York City's Plaza Hotel, which was the location of a meeting of finance ministers who reached an agreement about managing the fluctuating value of the US left are Gerhard Stoltenberg of West Germany, Pierre Bérégovoy of France, James A. Baker III of the United States, Nigel Lawson of Britain, and Noboru Takeshita of Japan. A data local exchange carrier (DLEC) is a CLEC specializing in DSL services by leasing lines from the ILEC and reselling them to Internet service providers (ISPs). History. CLECs evolved from the competitive access providers (CAPs) that began to offer private line and special access services in competition with the ILECs beginning in After the collapse of the Bretton Woods system of floating exchange rates in , the world has operated with a fixed exchange rate system. D. Under the Bretton Woods system, currency devaluations over 10 percent were allowed only with the approval of the IMF. Under the Plaza Accord of , the Group of Five major industrial countries concluded that it would be desirable if: Correct A cycle of competitive currency devaluations by various countries. and then the exchange rate between that currency and other currencies is determined by the reference currency exchange rate. Correct pegged.

This book describes and evaluates the literature on exchange rate economics. It provides a wide-ranging survey, with background on the history of international monetary regimes and the institutional characteristics of foreign exchange markets, an overview of the development of conceptual and empirical models of exchange rate behavior, and perspectives on the key . Historical Spot Exchange Rate for GBP to USD: Year Feb '85 Mar '85 Apr '85 May '85 Jun '85 Jul '85 Aug '85 Sep '85 Oct '85 Nov '85 Dec '85 Mar '85 . The International Economy and International Economics. Understanding Tariffs. Recent Trade Controversies. The Great Depression, Smoot-Hawley, and the Reciprocal Trade Agreements Act (RTAA) The General Agreement on Tariffs and Trade (GATT) The Uruguay Round. The World Trade Organization. Appendix A: Selected U.S. Tariffs— The Economics of Exchange Rates will be indispensable on the bookshelves of academics and international policymakers.' Robert P Flood, Editor, IMF Staff Papers Book Description. This book is a survey of exchange-rate economics, which covers the main theories which explain the determination of exchange rates and uses recent empirical data on Cited by: