“Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit.”
Quote by Martin Feldstein
Author
Martin Feldstein
Martin Feldstein, born on November 25, 1939, is a renowned American economist who served as the Chairman of the Council of Economic Advisers under the U.S. President. He has made significant contributions to the fields of tax policy, social security, and international economics. more