Exchange Rate Difficulties
Number of pages:
3
ABSTRACT:
A 3 page paper assessing the origins of the UK’s current position in international trade. The purpose here is to assess the statement, “The United Kingdom does not have balance of payments problem but exchange rate problem,” and the paper concludes that this statement is true. Any problems with foreign trade today are more likely to be attributable to the inefficiencies of currency exchange than to structural problems with the UK’s trade balance. Bibliography lists 4 sources.
FILE NAME:
File: CC6_KsxchgRateUK.rtf
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