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Archive for: January, 2021


Jan
18
2021
8:31 am

Currency Wars or Efficient Spillovers? A General Theory of International Policy Cooperation

This protectionist policy was aimed at increasing the prices of Chinese goods and therefore making them less attractive to U.S. buyers. The dollar surged in the years before the COVID-19 pandemic primarily because the U.S. was the first major nation to unwind its monetary stimulus program, after being the first one out of the gate[continue...]