|
Exchange Rates: Dynamics, Expectations and Adjustment | 
 enlarge | Creator: Megan J. Tauline
Publisher: Nova Science Publishers
Category: Book
List Price: $89.00
Buy New: $84.91
You Save: $4.09 (5%)
New (7) Used (1) from $84.91
Sales Rank: 3960869
Media: Hardcover
Pages: 280
Number Of Items: 1
Shipping Weight (lbs): 1.7
Dimensions (in): 10.2 x 7.2 x 0.9
ISBN: 1604563346
Dewey Decimal Number: 332.456
EAN: 9781604563344
ASIN: 1604563346
Publication Date: May 2008
Availability: Usually ships in 1-2 business days
Shipping: International shipping available
Condition: Book is brand new, and has never been opened. Thousands of satisfied customers!
| |
| Editorial Reviews:
Product Description
An exchange rate is the current market price for which one currency can be exchanged for another. The spot exchange rate refers to the current exchange rate whereas the forward exchange rate refers to an exchange rate that is quoted and traded today, but for delivery and payment on a specific future date. Exchange rates vary because of changes in the relative demand for different countries' goods and services and because national monetary and fiscal policies are inconsistent with each other. Differences in tax rates and in interest rates cause capital flows which affect a country's balance of payments and, consequently, its exchange rate. An overvalued exchange rate leads to a current account balance of payments deficit and bearish speculative capital movements; an undervalued exchange rate creates a current account surplus and an influx of capital. Volatile exchange rates and volatile interest rates coincide. This book examines important issues in the field.
|
|
|
Payroll-Software-and-Books.com | |
