Press Release: CPA Study Finds 25.5% Dollar Overvaluation Spurs Trade Deficit
Washington~ The Coalition for a Prosperous America (CPA) released a paper today with an improved methodology for calculating exchange rate misalignment and its connection to the US trade deficit, stagnation in wages and living standards, and slower economic growth. Authors Michael Stumo, Jeff Ferry and John R. Hansen (former World Bank economist) also discuss an…