Monday, June 12, 2017

When Currencies Fall, Export Growth Is Supposed to Follow---Until Now

The U.K. saw substantial currency depreciation during the financial crisis, after the Brexit vote and amid its current political uncertainty. But the predicted economic boom hasn’t arrived, providing a live test of whether globalization has blunted textbook theory.

from WSJ.com: US Business http://ift.tt/2rmLMuM
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