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Uniform trade taxes, devaluation and the real exchange rare: a theoretical analysis.

By: O'Conell, Stephen A.
Material type: materialTypeLabelBookPublisher: Washington : World Bank, 1989Subject(s): International trade | Taxes -- Exchange Rate -- Devealuation. -- Taxes -- Exchange Rate -- Devealuation. -- Taxes -- Exchange Rate -- DevealuationSummary: Argues that theoretically, uniform trade taxes are equivalent in effect to devaluations of the commercial rate in a dual exchange system.
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Argues that theoretically, uniform trade taxes are equivalent in effect to devaluations of the commercial rate in a dual exchange system.

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