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U.S. Trade Deficit: Impact of Currency Appreciations in Taiwan, South Korea, and Hong Kong

NSIAD-89-130 Published: Apr 28, 1989. Publicly Released: May 11, 1989.
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Highlights

Pursuant to a congressional request, GAO examined how: (1) Taiwan, South Korea, and Hong Kong determined their currency exchange rates; and (2) hypothetical currency appreciations in those countries could affect the U.S. trade imbalances with them and the U.S. trade deficit.

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Topics

Deficit reductionEconomic stabilizationForeign currency exchangesForeign exchange ratesForeign trade policiesInflationInternal controlsInternational economic relationsMonetary policiesRestrictive trade practices