| Description |
1 online resource |
| Series |
Routledge library editions. International finance ; volume 3 |
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Routledge library editions. International finance ; v. 3
|
| Contents |
Cover; Half Title Page; Title Page; Copyright Page; Original Title Page; Original Copyright Page; Contents; List of Figures; List of Tables; Preface; Dedication Page; Part One: The Foreign Exchange Market and the Balance of Payments; 1. The Foreign Exchange Market; Demand for Foreign Exchange; Elasticity and the Demand for Foreign Exchange; Supply of Foreign Exchange; Equilibrium in the Foreign Exchange Market; Equilibrium Disturbances in the Foreign Exchange Market; Disequilibrium in the Foreign Exchange Market; Summary; Concepts for Review; Questions for Discussion |
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2. Capital Flows and the Foreign Exchange MarketThe Spot Exchange Market; The Forward Exchange Market; Hedging; Speculation; Arbitrage; Summary; Concepts for Review; Questions for Discussion; 3. The Balance of Payments; Application; Construction; Equilibrium and Disequilibrium; Measures; Significance; Summary; Concepts for Review; Questions for Discussion; Part Two: Exchange Rate Systems; 4. The Gold Standard; Characteristics; Operation and Adjustment Mechanism; Advantages; Disadvantages; Demise of the Gold Standard; Summary; Concepts for Review; Questions for Discussion |
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5. Fixed Exchange RatesCharacteristics; Operation; Adjustment Mechanism; Advantages; Disadvantages; The Demise of Fixed Exchange Rates (BrettonWoods); Summary; Appendix: Purchasing Power Parity (PPP) Doctrine; Concepts for Review; Questions for Discussion; 6. Floating Exchange Rates; Characteristics; Operation; Adjustment Mechanism; Advantages; Disadvantages; Prospects; Summary; Appendix: Floating Exchange Rate Variations; Concepts for Review; Questions for Discussion; 7. Alternative Exchange Rate Systems; Crawling Peg; Snake in the Tunnel; European Monetary System; Summary |
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Concepts for ReviewQuestions for Discussion; Part Three: Equilibrium and the Adjustment Process; 8. External Disequilibrium and Current Account Adjustment; The Elasticities Approach; The Income Approach; The Absorption Approach; Summary; Concepts for Review; Questions for Discussion; 9. Internal and External Equilibrium; Internal Equilibrium in a Closed Economy; Internal and External Equilibrium in an Open Economy; Summary; Concepts for Review; Questions for Discussion; 10. Internal and External Equilibrium with Fixed Exchange Rates; Economic Disturbances and Joint Disequilibrium |
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Stabilisation Policies and the Establishment of Joint EquilibriumEconomic Disturbances and Imperfect Capital Mobility; Economic Disturbances and Perfect Capital Mobility; Qualifications; Summary; Appendix: Price-induced LM Curve Shifts; Questions for Discussion; 11. Internal and External Equilibrium with Floating Exchange Rates; Economic Disturbances and Imperfect Capital Mobility; Economic Disturbances and Perfect Capital Mobility; Qualifications; Summary; Appendix: Price-induced LM Curve Shifts; Questions for Discussion; 12. The Monetary Approach to External Equilibrium; Characteristics |
| Summary |
"Principles of International Finance, first published in 1988, provides a comprehensive introduction to international finance which is rapidly becoming an increasingly important branch of international economics. The book is structured so that it can easily be adopted as a complete one-semester course in international finance and is divided into the four major divisions of international finance: The Foreign Exchange Market and the Balance of Payments; Exchange Rate Systems; Equilibrium and the Adjustment Process and The Post-War International Financial System. This book is designed for economics and business undergraduates studying international finance for the first time. It is non-mathematical and presumes no more than a general background in macroeconomics."--Provided by publisher |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Online resource; title from PDF title page (EBSCO, viewed March 23, 2018) |
| Subject |
International finance.
|
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BUSINESS & ECONOMICS -- Finance.
|
|
International finance
|
| Form |
Electronic book
|
| ISBN |
9781351043557 |
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1351043552 |
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1351043544 |
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9781351043540 |
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9781351043533 |
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1351043536 |
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9781351043564 |
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1351043560 |
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