| Donald Trump has denounced giving President Obama trade-promotion authority on the grounds that trade deals do not address “currency manipulation,” which he claims is the reason “we get beaten in trade.”
It is true that the international monetary system since 1971—when Richard Nixon ended the dollar’s convertibility to gold—has been corrupted, as in the 1930s, by countries devaluing their currency to boost their exports and economies. But Mr. Trump and all the other presidential candidates must consider the appropriate and effective means necessary to correct the problem...............................................Full Article: Source
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