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Exchange Rates in Developed & Emerging Markets: Practices, Challenges & Economic Implications
Mohsen Bahmani-Oskooee
€ 224.38
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Description for Exchange Rates in Developed & Emerging Markets: Practices, Challenges & Economic Implications
Hardback. Num Pages: 229 pages, illustrations. BIC Classification: KCLF; KCM. Category: (G) General (US: Trade). Dimension: 257 x 177 x 18. Weight in Grams: 610.
Exchange rate is perhaps one of the most important macroeconomic variables that link the economy of one country with the rest of the world. When it changes, it affects almost all other sectors and many other macro variables. For example, when a country's currency depreciates, its exports become cheaper in terms of foreign currency and imports more expensive in terms of domestic currency. By exporting more and importing less, the trade balance is improved. Or when domestic currency depreciates (foreign currency appreciates), domestic currency value of foreign assets held by domestic residents increases. If this increase is perceived as an ... Read more
Exchange rate is perhaps one of the most important macroeconomic variables that link the economy of one country with the rest of the world. When it changes, it affects almost all other sectors and many other macro variables. For example, when a country's currency depreciates, its exports become cheaper in terms of foreign currency and imports more expensive in terms of domestic currency. By exporting more and importing less, the trade balance is improved. Or when domestic currency depreciates (foreign currency appreciates), domestic currency value of foreign assets held by domestic residents increases. If this increase is perceived as an ... Read more
Product Details
Publisher
Nova Science Publishers Inc United States
Number of pages
229
Format
Hardback
Publication date
2013
Condition
New
Number of Pages
229
Place of Publication
New York, United States
ISBN
9781628081640
SKU
V9781628081640
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-2
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