Competitiveness and the exchange rate
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Competitiveness and the exchange rate

Kingston : Jamaica | Jun 28, 2012 at 1:45 AM PDT
Source: Jamaica Daily Gleaner
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At the same time, foreign goods become cheaper in Jamaican currency, relative to locally produced goods. One means of correcting for this loss of competitiveness of local output is to allow or manage a reduction of the value of local currency in terms of foreign currency (depreciation or devaluation),... FULL ARTICLE AT Jamaica Daily Gleaner
 
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