tailieunhanh - Ebook International economics (8th edition): Part 2

(BQ) Part 2 book "International economics" has contents: Fundamentals of international monetary economics, issues in world monetary arrangements, macroeconomic policy in the open economy. | Confirming Pages Find more at part 5 Fundamentals of International Monetary Economics 459 459 07/11/12 4:47 PM Confirming Pages Find more at So much of barbarism, however, still remains in the transactions of most civilized nations, that almost all independent countries choose to assert their nationality by having, to their own inconvenience and that of their neighbours, a peculiar currency of their own. John Stuart Mill, 1848 The study of international economics encompasses not only micro issues related to the exchange of goods and services between countries but also macro issues regarding the interaction of international transactions with aggregate variables such as income, money, and prices. To assess the broader macro implications of international trade, it is necessary to understand the basic underpinnings of international monetary economics and the ways international trade and financial flows affect and are affected by the overall economy. It is not uncommon for people to feel somewhat mystified by the entire process by which exchange rates are set, currencies move between countries, and the day-to-day activities of foreign exchange dealers and international bankers and investors take place. Even seasoned international travelers continue to be amazed that exchange rates are virtually the same in London, Paris, and New York and that it really is easy to buy, sell, travel, or invest internationally even though different countries and currencies are involved. In reality, many of the fundamental macromoney aspects are not that difficult to grasp and involve merely routine transactions, except that they are between countries. Nevertheless, these international transactions influence money, prices, and national income and can affect economic policy. Part 5 introduces you to some of the basic principles of international monetary economics to provide a background for examining the .

TỪ KHÓA LIÊN QUAN
crossorigin="anonymous">
Đã phát hiện trình chặn quảng cáo AdBlock
Trang web này phụ thuộc vào doanh thu từ số lần hiển thị quảng cáo để tồn tại. Vui lòng tắt trình chặn quảng cáo của bạn hoặc tạm dừng tính năng chặn quảng cáo cho trang web này.