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3.6 Export subsidies 4 Financial stability
DOI link for 3.6 Export subsidies 4 Financial stability
3.6 Export subsidies 4 Financial stability
Just as dumping may distort international trade, so too can subsidies granted to exports since they too can make a product less expensive in the importing country which is likely to be to the detriment of foreign competitors. Export subsidies may take the form of export credit guarantees, favourable tax rates for income earned from export trade, or foreign exchange risk guarantees. Article At the end of World War Two the international community was faced with two major problems relating to international finance. An immediate problem concerned the need to finance the rebuilding of domestic economies devastated by six years of war. It was also recognised that there was a need to provide some system of regulation of currency exchange to help prevent the violent
Edition 1st Edition
First Published 1998
Imprint Routledge-Cavendish
Pages 1
eBook ISBN 9781843143802
ABSTRACT