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Government Makes Exchange Rates Volatile

 

作者: ROY A. BATCHELOR,   GEOFFREY E. WOOD,  

 

期刊: Economic Affairs  （WILEY Available online 1983）
卷期: Volume 3, issue 2  

页码: 124-126

 

ISSN:0265-0665

 

年代: 1983

 

DOI:10.1111/j.1468-0270.1983.tb01480.x

 

出版商: Blackwell Publishing Ltd

 

数据来源: WILEY

 

摘要:

The foreign exchanges operate in markets that are widely distrusted as unpredictable and destabilising for international trade. Roy Batchelor and Geoffrey Wood argue that history and argument show that it is government that makes the exchanges more volatile, because it adds a range of uncertainty which is the most unpredictable.

 

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