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# Fall 1988 

Vol. 8 No. 2 

Dollars, Deficits, and Trade

##### Articles 

#### [Introduction: Dollars, Deficits, and Trade ](/cato-journal/fall-1988/introduction-dollars-deficits-trade)

By [James A. Dorn](https://www.cato.org/people/james-dorn) 

#### [Current Perspectives on Monetary Policy ](/cato-journal/fall-1988/current-perspectives-monetary-policy)

By Manuel H. Johnson 

#### [Domestic Stability versus Exchange Rate Stability ](/cato-journal/fall-1988/domestic-stability-versus-exchange-rate-stability)

By [Leland B. Yeager](https://www.cato.org/people/leland-yeager) 

#### [Comment on Domestic Stability versus Exchange Rate Stability ](/cato-journal/fall-1988/comment-domestic-stability-versus-exchange-rate-stability)

By Ben W. Crain 

#### [The International Monetary System: Developments and Prospects ](/cato-journal/fall-1988/international-monetary-system-developments-prospects)

By Jacob A. Frenkel and Morris Goldstein 

#### [Comment on The International Monetary System: Developments and Prospects ](/cato-journal/fall-1988/comment-international-monetary-system-developments-prospects)

By Gottfried Harbeler 

#### [Toward an International Commodity Standard? ](/cato-journal/fall-1988/toward-international-commodity-standard)

By Richard N. Cooper 

#### [Comments on Toward an International Commodity Standard? ](/cato-journal/fall-1988/comments-toward-international-commodity-standard)

By [Lawrence H. White](https://www.cato.org/people/lawrence-white) and Paul Craig Roberts 

#### [An International Gold Standard without Gold ](/cato-journal/fall-1988/international-gold-standard-without-gold)

By Ronald McKinnon 

#### [Comments on An International Gold Standard without Gold ](/cato-journal/fall-1988/comments-international-gold-standard-without-gold)

By Rudiger Dornbusch and Robert E. Keleher 

#### [Evolution of the International Monetary Market ](/cato-journal/fall-1988/evolution-international-monetary-market)

By Leo Melamed 

#### [Key Exchange Rate Regimes: A Constitutional Perspective ](/cato-journal/fall-1988/key-exchange-rate-regimes-constitutional-perspective)

By Thomas D. Willett 

#### [Comment on Trade and Investment under Floating Rates: The U.S. Experience ](/cato-journal/fall-1988/comment-trade-investment-under-floating-rates-us-experience)

By Martin J. Bailey and George S. Tavlas 

#### [Transmission of Real and Monetary Disturbances under Fixed and Floating Rates ](/cato-journal/fall-1988/transmission-real-monetary-disturbances-under-fixed-floating-rates)

By Michael D. Bordo and Anna. J. Schwartz 

#### [Comment on Transmission of Real and Monetary Disturbances under Fixed and Floating Rates ](/cato-journal/fall-1988/comment-transmission-real-monetary-disturbances-under-fixed-floating-rates)

By Michael R. Darby 

#### [The European Monetary System: How Well Has It Worked? ](/cato-journal/fall-1988/european-monetary-system-how-well-has-it-worked)

By Michelle Fratianni 

#### [Comment on The European Monetary System: How Well Has It Worked? ](/cato-journal/fall-1988/comment-european-monetary-system-how-well-has-it-worked)

By Alan Walters 

#### [The Uneasy Relation between the Budget and Trade Deficits ](/cato-journal/fall-1988/uneasy-relation-between-budget-trade-deficits)

By [William A. Niskanen](https://www.cato.org/people/william-niskanen) 

#### [Comments on The Uneasy Relation between the Budget and Trade Deficits ](/cato-journal/fall-1988/comments-uneasy-relation-between-budget-trade-deficits)

By John Williamson and Gary H. Stern 

#### [Dollars and Deficits: Substituting False for Real Problems ](/cato-journal/fall-1988/dollars-deficits-substituting-false-real-problems)

By A. James Meigs 

##### Book Review 

##### [*Crisis and Leviathan: Critical Episodes in the Growth of American Government* by Robert Higgs](/cato-journal/fall-1988/crisis-leviathan-critical-episodes-growth-american-government-robert-higgs)

By Gary M. Anderson 

##### [*Searching for Safety* by Aaron Wildavsky](/cato-journal/fall-1988/searching-safety-aaron-wildavsky)

By Martin T. Katzman 

##### [*Socialism: Institutional, Philosophical, and Economic Issues* edited by Svetozar Pejovich](/cato-journal/fall-1988/socialism-institutional-philosophical-economic-issues-edited-svetozar)

By Gertrude E. Schroeder 

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