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The Capital Myth: The Difference between Trade in Widgets and Dollars

Jagdish Bhagwati
Foreign Affairs
Vol. 77, No. 3 (May - Jun., 1998), pp. 7-12
DOI: 10.2307/20048871
Stable URL: http://www.jstor.org/stable/20048871
Page Count: 6
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
The Capital Myth: The Difference between Trade in Widgets and Dollars
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Abstract

The logic of free trade does not apply to currency convertibility, as the Asian currency crisis should have made clear.

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