Minding our Ps and Qs: Exchange rates and foreign trade

Minding our Ps and Qs: Exchange rates and foreign trade

Since early 1985, the dollar has been declining in the foreign exchange markets. An examination of interest rate patterns internationally suggests that the dollar's decline is not inflation induced. Taking the analysis one step further it is clear that Europe and Japan have had supply-side revo...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:The International trade journal 1986-09, Vol.1 (1), p.1-26
1. Verfasser: Laffer, Arthur B.
Format: Artikel
Sprache:eng
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
container_end_page 26
container_issue 1
container_start_page 1
container_title The International trade journal
container_volume 1
creator Laffer, Arthur B.
description Since early 1985, the dollar has been declining in the foreign exchange markets. An examination of interest rate patterns internationally suggests that the dollar's decline is not inflation induced. Taking the analysis one step further it is clear that Europe and Japan have had supply-side revolutions of their own. Therefore, the fall in the U.S. dollar appears to be the consequence of improved foreign economies. As such, the lower valued dollar will lead to improvements in the U.S. economy, especially in the tradable goods area. These improvements will not be made at the expense of the less tradable goods, however. The rich will get richer and so will the poor.
doi_str_mv 10.1080/08853908608523601
format Article
fullrecord <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_crossref_primary_10_1080_08853908608523601</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>1309299061</sourcerecordid><originalsourceid>FETCH-LOGICAL-c224t-f4887f88ea944d52bde705bfd1d1d774fc2109b9084410167b584abb7be7c72f3</originalsourceid><addsrcrecordid>eNp1UE1LAzEQDaJgrf4AbwueVyfZZJOIFyn1Ayoq6Dkkm6Ru2WZrskX7701ZbyJzGJh5b96bh9A5hksMAq5ACFZJEDUIRqoa8AGaYEZwCYyyQzTZ78s94BidpLQCgEoyPEH8qQ22Dcui38biJRU62OI1XRfz7-ZDh6Uroh7cOPZ9dO0yFEPU1p2iI6-75M5--xS9383fZg_l4vn-cXa7KBtC6FB6KgT3QjgtKbWMGOs4MOMtzsU59Q3BIE32RSkGXHPDBNXGcON4w4mvpuhivLuJ_efWpUGtstOQJRWuQBIpocYZhUdUE_uUovNqE9u1jjuFQe3zUX_yyZybkdOG_Nlaf_Wxs2rQu66PPurQtElV_9N_ANlLaGA</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>1309299061</pqid></control><display><type>article</type><title>Minding our Ps and Qs: Exchange rates and foreign trade</title><source>Business Source Complete</source><source>Periodicals Index Online</source><source>Taylor &amp; Francis Journals Complete</source><creator>Laffer, Arthur B.</creator><creatorcontrib>Laffer, Arthur B.</creatorcontrib><description>Since early 1985, the dollar has been declining in the foreign exchange markets. An examination of interest rate patterns internationally suggests that the dollar's decline is not inflation induced. Taking the analysis one step further it is clear that Europe and Japan have had supply-side revolutions of their own. Therefore, the fall in the U.S. dollar appears to be the consequence of improved foreign economies. As such, the lower valued dollar will lead to improvements in the U.S. economy, especially in the tradable goods area. These improvements will not be made at the expense of the less tradable goods, however. The rich will get richer and so will the poor.</description><identifier>ISSN: 0885-3908</identifier><identifier>EISSN: 1521-0545</identifier><identifier>DOI: 10.1080/08853908608523601</identifier><language>eng</language><publisher>Laredo, Tex: Taylor &amp; Francis</publisher><ispartof>The International trade journal, 1986-09, Vol.1 (1), p.1-26</ispartof><rights>Copyright Taylor &amp; Francis Group, LLC 1986</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.tandfonline.com/doi/pdf/10.1080/08853908608523601$$EPDF$$P50$$Ginformaworld$$H</linktopdf><linktohtml>$$Uhttps://www.tandfonline.com/doi/full/10.1080/08853908608523601$$EHTML$$P50$$Ginformaworld$$H</linktohtml><link.rule.ids>314,780,784,27869,27924,27925,59647,60436</link.rule.ids></links><search><creatorcontrib>Laffer, Arthur B.</creatorcontrib><title>Minding our Ps and Qs: Exchange rates and foreign trade</title><title>The International trade journal</title><description>Since early 1985, the dollar has been declining in the foreign exchange markets. An examination of interest rate patterns internationally suggests that the dollar's decline is not inflation induced. Taking the analysis one step further it is clear that Europe and Japan have had supply-side revolutions of their own. Therefore, the fall in the U.S. dollar appears to be the consequence of improved foreign economies. As such, the lower valued dollar will lead to improvements in the U.S. economy, especially in the tradable goods area. These improvements will not be made at the expense of the less tradable goods, however. The rich will get richer and so will the poor.</description><issn>0885-3908</issn><issn>1521-0545</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>1986</creationdate><recordtype>article</recordtype><sourceid>K30</sourceid><recordid>eNp1UE1LAzEQDaJgrf4AbwueVyfZZJOIFyn1Ayoq6Dkkm6Ru2WZrskX7701ZbyJzGJh5b96bh9A5hksMAq5ACFZJEDUIRqoa8AGaYEZwCYyyQzTZ78s94BidpLQCgEoyPEH8qQ22Dcui38biJRU62OI1XRfz7-ZDh6Uroh7cOPZ9dO0yFEPU1p2iI6-75M5--xS9383fZg_l4vn-cXa7KBtC6FB6KgT3QjgtKbWMGOs4MOMtzsU59Q3BIE32RSkGXHPDBNXGcON4w4mvpuhivLuJ_efWpUGtstOQJRWuQBIpocYZhUdUE_uUovNqE9u1jjuFQe3zUX_yyZybkdOG_Nlaf_Wxs2rQu66PPurQtElV_9N_ANlLaGA</recordid><startdate>19860901</startdate><enddate>19860901</enddate><creator>Laffer, Arthur B.</creator><general>Taylor &amp; Francis</general><general>Institute of International Trade, Laredo State University</general><scope>AAYXX</scope><scope>CITATION</scope><scope>JXBYG</scope><scope>K30</scope><scope>PAAUG</scope><scope>PAWHS</scope><scope>PAWZZ</scope><scope>PAXOH</scope><scope>PBHAV</scope><scope>PBQSW</scope><scope>PBYQZ</scope><scope>PCIWU</scope><scope>PCMID</scope><scope>PCZJX</scope><scope>PDGRG</scope><scope>PDWWI</scope><scope>PETMR</scope><scope>PFVGT</scope><scope>PGXDX</scope><scope>PIHIL</scope><scope>PISVA</scope><scope>PJCTQ</scope><scope>PJTMS</scope><scope>PLCHJ</scope><scope>PMHAD</scope><scope>PNQDJ</scope><scope>POUND</scope><scope>PPLAD</scope><scope>PQAPC</scope><scope>PQCAN</scope><scope>PQCMW</scope><scope>PQEME</scope><scope>PQHKH</scope><scope>PQMID</scope><scope>PQNCT</scope><scope>PQNET</scope><scope>PQSCT</scope><scope>PQSET</scope><scope>PSVJG</scope><scope>PVMQY</scope><scope>PZGFC</scope></search><sort><creationdate>19860901</creationdate><title>Minding our Ps and Qs: Exchange rates and foreign trade</title><author>Laffer, Arthur B.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c224t-f4887f88ea944d52bde705bfd1d1d774fc2109b9084410167b584abb7be7c72f3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>1986</creationdate><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Laffer, Arthur B.</creatorcontrib><collection>CrossRef</collection><collection>Periodicals Index Online Segment 40</collection><collection>Periodicals Index Online</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - West</collection><collection>Primary Sources Access (Plan D) - International</collection><collection>Primary Sources Access &amp; Build (Plan A) - MEA</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - Midwest</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - Northeast</collection><collection>Primary Sources Access (Plan D) - Southeast</collection><collection>Primary Sources Access (Plan D) - North Central</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - Southeast</collection><collection>Primary Sources Access (Plan D) - South Central</collection><collection>Primary Sources Access &amp; Build (Plan A) - UK / I</collection><collection>Primary Sources Access (Plan D) - Canada</collection><collection>Primary Sources Access (Plan D) - EMEALA</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - North Central</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - South Central</collection><collection>Primary Sources Access &amp; Build (Plan A) - International</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - International</collection><collection>Primary Sources Access (Plan D) - West</collection><collection>Periodicals Index Online Segments 1-50</collection><collection>Primary Sources Access (Plan D) - APAC</collection><collection>Primary Sources Access (Plan D) - Midwest</collection><collection>Primary Sources Access (Plan D) - MEA</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - Canada</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - UK / I</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - EMEALA</collection><collection>Primary Sources Access &amp; Build (Plan A) - APAC</collection><collection>Primary Sources Access &amp; Build (Plan A) - Canada</collection><collection>Primary Sources Access &amp; Build (Plan A) - West</collection><collection>Primary Sources Access &amp; Build (Plan A) - EMEALA</collection><collection>Primary Sources Access (Plan D) - Northeast</collection><collection>Primary Sources Access &amp; Build (Plan A) - Midwest</collection><collection>Primary Sources Access &amp; Build (Plan A) - North Central</collection><collection>Primary Sources Access &amp; Build (Plan A) - Northeast</collection><collection>Primary Sources Access &amp; Build (Plan A) - South Central</collection><collection>Primary Sources Access &amp; Build (Plan A) - Southeast</collection><collection>Primary Sources Access (Plan D) - UK / I</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - APAC</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - MEA</collection><jtitle>The International trade journal</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Laffer, Arthur B.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Minding our Ps and Qs: Exchange rates and foreign trade</atitle><jtitle>The International trade journal</jtitle><date>1986-09-01</date><risdate>1986</risdate><volume>1</volume><issue>1</issue><spage>1</spage><epage>26</epage><pages>1-26</pages><issn>0885-3908</issn><eissn>1521-0545</eissn><abstract>Since early 1985, the dollar has been declining in the foreign exchange markets. An examination of interest rate patterns internationally suggests that the dollar's decline is not inflation induced. Taking the analysis one step further it is clear that Europe and Japan have had supply-side revolutions of their own. Therefore, the fall in the U.S. dollar appears to be the consequence of improved foreign economies. As such, the lower valued dollar will lead to improvements in the U.S. economy, especially in the tradable goods area. These improvements will not be made at the expense of the less tradable goods, however. The rich will get richer and so will the poor.</abstract><cop>Laredo, Tex</cop><pub>Taylor &amp; Francis</pub><doi>10.1080/08853908608523601</doi><tpages>26</tpages></addata></record>
fulltext fulltext
identifier ISSN: 0885-3908
ispartof The International trade journal, 1986-09, Vol.1 (1), p.1-26
issn 0885-3908
1521-0545
language eng
recordid cdi_crossref_primary_10_1080_08853908608523601
source Business Source Complete; Periodicals Index Online; Taylor & Francis Journals Complete
title Minding our Ps and Qs: Exchange rates and foreign trade
url https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-04T20%3A09%3A27IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Minding%20our%20Ps%20and%20Qs:%20Exchange%20rates%20and%20foreign%20trade&rft.jtitle=The%20International%20trade%20journal&rft.au=Laffer,%20Arthur%20B.&rft.date=1986-09-01&rft.volume=1&rft.issue=1&rft.spage=1&rft.epage=26&rft.pages=1-26&rft.issn=0885-3908&rft.eissn=1521-0545&rft_id=info:doi/10.1080/08853908608523601&rft_dat=%3Cproquest_cross%3E1309299061%3C/proquest_cross%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=1309299061&rft_id=info:pmid/&rfr_iscdi=true