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III. Cheaters, Exchange Rates and Trade (Mar 3) While most countries commit to cooperate on global economic policy, not all motives are pure and suspicions often run rampant. Currency policy and trade are often the most contentious conversations among economic officials, since exchange rates and commercial regulations can have immediate consequences on the profits of firms, on the outlook for jobs and the mood of voters. This session will explore the Obama Administration’s efforts to enforce international commitments to market-based exchange rates and to negotiate new free-trade agreements under intense scrutiny from business, labor and a long list of interest groups. Potential Guest: Lael Brainard, Federal Reserve governor and former Under Secretary of Treasury. Room: Faculty Dining Room, HKS ***All study groups are off-the-record and not for media coverage***
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