How Well do Foreign Exchange Markets Function: Might a Tobin Tax Help?
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Figures for 1995 estimate trading by dealers in the foreign exchange market at over $1,200 billion per day, most of it with other dealers. Some have linked this volume to concerns of excessive volatility in the market. Tobin's proposal to address this volatility with a small tax on all foreign
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美国国家经济研究局创建时间：
1996-01-01
