"Pricing to Market When the Exchange Rate Changes", in Sven W. Arndt and J. David Richardson, eds., Real Financial Linkages Among Open Economies. Cambridge, Mass. : MIT Press, pp. 49-70. Laflèche, Thérèse (1996/1997). "The Impact of Exchange Rate Movements on Consumer Prices", Bank of Canada Review (Winter), pp. 21-32. Marazzi, Mario, and Nathan Sheets ( 2007). "Declining Exchange Rate Pass-through to U.S.
5  Therefore, I w ill argue that communication is an instrument of  macroeconomic  policy,  w ithout  w hich the desired  outcomes w ould not be realised or w ould be realised only sluggishly. There are tw o related dimensions to this.