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International Competition and the Theory of Exchange Rates

Anwar Shaikh

in Capitalism: Competition, Conflict, Crises

Published in print:
2016
Published Online:
March 2016
ISBN:
9780199390632
eISBN:
9780199390663
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199390632.003.0011
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter extends the classical argument to international competition and terms of trade (real exchange rates). Standard comparative cost theory is the foundation of almost all approaches to ... More


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