01495cas a2200241 a 4500 AALejournalIMF003857 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451851090 1018-5941 BD-DhAAL BD-DhAAL Tokarick, Stephen. External Shocks, the Real Exchange Rate, and Tax Policy / Stephen Tokarick. Washington, D.C. : International Monetary Fund, 1994. 1 online resource (36 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper uses a computable general equilibrium model of the economy of Trinidad and Tobago to assess the effects of trade liberalization and terms-of-trade shocks on the real exchange rate and the overall fiscal position of the government. The model is also used to evaluate the implications of alternative tax policies designed to offset the increase in the budget deficit of the central government that results from both types of external sector shocks. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1994/088 Full text available on IMF http://elibrary.imf.org/view/journals/001/1994/088/001.1994.issue-088-en.xml IMF e-Library