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Dollar Adjustment: How Far? Against What?.

Dollar Adjustment: How Far? Against What?.

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The dollar rose by about 35 percent in real terms from 1995 through the end of 2001, supporting the booming US economy of the late 1990s but pushing the current account deficit to a record high. Dollar Adjustment: How Far? Against What? looks at this problem and its impact on the United States and other countries. The book examines new ideas on using intervention to achieve desired currency values and what the impact of a major dollar realignment would be on economies around the world.

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