Currency Conflict and Trade Policy

Know about the book -

Currency Conflict and Trade Policy is written by C. Fred Bergsten and published by Peterson Institute for International Economics. It's available with International Standard Book Number or ISBN identification 0881327255 (ISBN 10) and 9780881327250 (ISBN 13).

Conflicts over currency valuations are a recurrent feature of the modern global economy. To strengthen their international competitiveness, many countries resort to buying foreign currencies to make their exports cheaper and their imports more expensive. In the first decade of the 21st century, for example, China’s currency manipulation practices were so flagrant that they produced a backlash in the United States and other trading partners, prompting threats of retaliation and reactions against trade agreements and globalization more broadly. This book by C. Fred Bergsten and Joseph E. Gagnon—two leading experts on trade, investment, and the effects of currency manipulation—is an indispensable guide to a complex and serious problem and what might be done to solve it.