Foreign trade : foreign exchange and balance of payments : the case of Ghana
Ghana is virtually a one-export economy (cocoa) and -the largest producer of that export (40%). After it comes Nigeria (20%) and South America (including Brazil) (12%). Ghana has a regime of exchange control. Its currency is not negotiable outside the country and where attempts are made to do so it fetches less than the official rate. This is automatically a result of the non-negotiability of the currency. But, additionally, it could also result from an adverse balance of payments which has also been the case in recent years.
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| Format: | Technical paper biblioteca |
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| Language: | eng |
| Published: |
1964
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| Online Access: | https://hdl.handle.net/10855/42281 |
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