The Dollar
- 26 March 1959
- journal article
- research article
- Published by Cambridge University Press (CUP) in National Institute Economic Review
- Vol. 2, 16-25
- https://doi.org/10.1177/002795015900200104
Abstract
In the past year, the high rate at which gold has flowed out of the United States has attracted attention. There has been talk of the ‘weakness’ of the dollar and even of the possibilities of devaluation. This article examines the developments in the United States balance of payments which underlie these opinions.Keywords
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