The constitution of the United States (U.S.) in effect proscribes both the authority and the responsibility to develop and carry out trade and investment (referred to as commerce in the constitution) policy and negotiate international agreements to two entities - the congress and the...

This paper analyzes political economy determinants of exchange rate policy in Brazil over the past thirty years. Two complementary methodologies are used. The first consists of investigating the exchange rate policy historical context over this period. Thus, part of the paper is dedicated to an...