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Floating Exchange Rates in an Interdependent World

NSIAD-84-68A Published: Apr 20, 1984. Publicly Released: Apr 20, 1984.
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Highlights

GAO sponsored a symposium of specialists on exchange rate behavior. The seminar participants addressed the yen-dollar exchange rates and analyzed the implications of floating exchange rates and economic interdependence on the conduct of national macroeconomic policy and the future of the international financial system.

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Topics

Foreign exchange ratesInternational tradeMacroeconomic analysisInterest ratesDepreciationBudget deficitInflationGross national productMoney supplySecurities