The Basics of Foreign Exchange Markets A Monetary Systems 2nd edition by William Gerdes – Ebook PDF Instant Download/Delivery: 1947098802, 978-1947098800
Full download The Basics of Foreign Exchange Markets A Monetary Systems 2nd edition after payment
Product details:
ISBN 10: 1947098802
ISBN 13: 978-1947098800
Author: William Gerdes
In an increasingly interdependent global economy, an understanding of foreign exchange markets is more critical than ever. These markets are inextricably entwined with underlying monetary standards and consequently they are treated conjointly in this book. Four different foreign exchange rate regimes are analyzed including exchange rates under commodity money, fiduciary money, fiat money (with fixed exchange rates), and fiat money (with flexible exchange rates).
For more than eight decades, most countries have operated with fiat money. Proponents maintain that fiat money provides individual countries with much greater monetary autonomy. Yet both analytics and experience indicate that this is not always the case. Whether a country has more monetary autonomy depends on whether fiat money is paired with fixed or flexible exchange rates. Although flexible exchange rate regimes are not without their critics, it has become increasingly apparent that fiat money with flexible rates provides individual countries much greater monetary autonomy. This arrangement allows participants in foreign exchange markets greater latitude for adjusting to the wide variations in national monetary policies that are prevalent with fiat money.
Several audiences may find this book beneficial: undergraduate students in economics and finance, students of international business, graduate students, students in executive programs who need to expand their knowledge of international finance, and practicing executives and managers-especially those who are employed by companies operating globally.
The Basics of Foreign Exchange Markets A Monetary Systems 2nd Table of contents:
Chapter 1 Introduction
Chapter 2 Money and Monetary Systems
Chapter 3 Foreign Exchange Markets
Chapter 4 Foreign Exchange Markets With Commodity and Fiduciary Monies
Chapter 5 Foreign Exchange Markets With Fiat Money: Fixed Exchange Rates
Chapter 6 Foreign Exchange Markets With Fiat Money: Flexible Exchange Rates
Chapter 7 Proposals Advanced by Critics of Flexible Exchange Rates
People also search for The Basics of Foreign Exchange Markets A Monetary Systems 2nd:
the basics of forex trading for beginners
what is the purpose of the foreign exchange market
what is the foreign exchange market quizlet
the foreign exchange (fx) market is where
use the fx market to facilitate international business activities
Tags: William Gerdes, The Basics, Foreign Exchange, Monetary Systems