Exchange Control and DiscriminationDivision of Research and Statistics, Board of Governors of the Federal Reserve System, 1944 - 30 pages |
Contents
Instruments of Exchange Control | 3 |
pass the character of exchange control with especial reference to | 7 |
Government allocation of exchange to imports | 8 |
1 other sections not shown
Common terms and phrases
Alexander Gerschenkron allocation of exchange avoidable base period bills of exchange capital flight clearing balances Columbia University commodity compatible competitive sale concept of discrimination country's exchange currency current account devaluation device discrimination favorable discriminatory domestic account domestic inflation economic equilibrium exchange allocation exchange authority exchange control exchange is scarce export or import exports and imports favorable balance favorable discrimination favorable terms foreign exchange reserves formal equality free choice free competitive market Government Disposition high rate import licenses Importers windfalls less objective measure monopolistic most-favored-nation clause motive MU band multiple exchange rates neutral countries ordinary elasticity assumptions overvalued or undervalued Permission to Export prevent Price maxima price mechanism price of foreign proceeds Purpose A5 purpose B3 rate of exchange RESERVE BOOK secure more favorable sell sellers sense subsidies subsidize exports surcharge tariffs terms of trade trade to go type of discrimination unavoidable Undervalued Rate volume of trade whtm windfall gains windfall profit