The International Economy |
Contents
v4 Financing Foreign TradeBills of Exchange and Letters of Credit | 43 |
Foreign Exchange and the Exchange Market | 55 |
Money Prices and the Rate of Exchange | 75 |
Copyright | |
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Common terms and phrases
abroad adjustments advantage agricultural American amount balance of payments British capital cartels cent central bank changes Chapter commercial commodities competition costs coun country's decline demand and supply depreciation devaluation discussed dollars domestic draft effect enterprise equilibrium exchange rates exchange restrictions expansion exports extent factors of production favorable fixed exchange rates fluctuations foreign countries foreign currencies foreign exchange foreign trade gold standard imports incomes increase industries inflation International Monetary Fund international trade investment labor less loans measures ment mercantilist movements needed ordinarily period policies pound pound sterling price level principle problem purchase quantity quotas rate of exchange ratio receipts reduce relatively rency reserves result second World War sell silver stability sterling area tariff tend terms of trade Theory of International thereby tion transactions treaties United Kingdom United States dollars wages