France: Weak Dollar Fueling Global Protectionism

French Finance minister, Christine Lagarde, worries that the weak dollar will hammer the global economy. She also made un-French-like pro-trade sentiments (NYT):

Protectionism is trendy at the moment. We need to turn that risk of extreme protectionism into something positive and I think regulators, governments and international organisations have a responsibility to offer an alternative path that includes more regulation and policy coordination…A rebalancing of currencies would be good for all economies.

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