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Floating Exchange Rates and Log Export Policy

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Debates on softwood log export policy have focused on several factors, including that of export restrictions on the U.S. balance of payments. A shift in international monetary policy from fixed to floating exchange rates in 1973 relegated to secondary importance the balance-of-payments issue and shifted interest to other factors in trade policy formulation.
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Document Type: Journal Article

Affiliations: Principal Economist, Pacific Northwest Forest and Range Experiment Station, USDA Forest Service, Portland, Oregon

Publication date: 01 February 1977

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