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Debating China's Exchange Rate Policy

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Half or more of the annual gains from trade would come from the removal of industrial-country protection against developing-country exports. By removing their trade barriers, industrial countries could convey economic benefits to developing countries worth about twice the amount of their annual development assistance. By helping developing countries grow through trade, moreover, industrial countries could lower costs to consumers for imports and realize other economic efficiencies.

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Debating China's Exchange Rate Policy Peterson Institute

ISBN-13: 9781435655379

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