There is no precise way to measure undervaluation multilaterally and especially bilaterally. But the US Treasury has a model and

There is no precise way to measure undervaluation multilaterally and especially bilaterally.
But the US Treasury has a model and it may be about to start using it to bring trade subsidy cases. @sobel_mark @OMFIF is worried.
omfif.org/2020/08/us-tre… https://t.co/6MshOORMO4

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