Can Trade Agreements Stop Currency Manipulation?
It is impossible to deny that trade and exchange rates are closely linked. But trade negotiations are not the right forum for discussing the causes and consequences of current-account imbalances and reaching agreements on macroeconomic-policy coordination; that is what the IMF and the G-20 are for.
https://prosyn.org/vLVHHCR
WASHINGTON, DC – It is impossible to deny that trade and exchange rates are closely linked. But does that mean that international trade agreements should include provisions governing national policies that affect currency values?