Journal Article

Exchange Rate Measures: Who Judges The Issue—IMF or WTO?

Vera Thorstensen, Carolina Müller and Daniel Ramos

in Journal of International Economic Law

Volume 18, issue 1, pages 117-136
Published in print March 2015 | ISSN: 1369-3034
Published online March 2015 | e-ISSN: 1464-3758 | DOI: https://dx.doi.org/10.1093/jiel/jgv009
Exchange Rate Measures: Who Judges The Issue—IMF or WTO?

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This article aims at adding to the debate on the impacts of exchange rate misalignment on trade. It is the continuation of an article—The Missing Link between the World Trade Organization (WTO) and the International Monetary Fund (IMF), published by JIEL (May 2013). The first article presented the evolution of the regulation of exchange rates under the IMF framework and its impacts to the multilateral trading system. This article focuses on the mechanisms available to the WTO to deal with the impacts of exchange rates on trade and discusses the prerogatives of the WTO and the IMF in judging such issues. Also, this article aims to decipher what would be the IMF role in a dispute involving exchange rate brought before the dispute settlement body (DSB) of the WTO.

Journal Article.  9375 words. 

Subjects: Financial Law ; Public International Law ; Economics

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