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Author:
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 312
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Book Description
Author:
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 312
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Book Description
Author: United States Tariff Commission
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 310
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Author: NA Child
Publisher: Springer Science & Business Media
ISBN: 9401553017
Category : Business & Economics
Languages : en
Pages : 252
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Book Description
The Classical economist of the 19th century, with his faith in the ultimate efficiency and equity of free, impersonal markets, would certainly be amazed and dismayed by the developments in foreign exchange markets during the last thirty-five years. With the exception of the United States no important trading nation in the world of today maintains a freely convertible currency. On the contrary, each nation maintains a more or less comprehensive system of controls over the receipts and payments which can be effected in international markets. Recent efforts to reduce the extent and rigor of exchange regu lation, notably in Western Europe, have yielded modest results; it seems unlikely, however, that foreign exchange transactions will ever again be completely free of controL Foreign exchange control, with a greater or lesser degree of bilateralism, is a product born largely of necessity. Two world wars and a major world-wide depression so distorted the pattern of world trade and investment that free markets were simply unable to achieve their "normal" automatic adjustment. Ex change control, on the other hand, has demonstrated its efficiency as a means of maintaining a semblance of order in disorganized international markets. Unfortunately, however, exchange con trol also has great possibilities for further distortion of the pat tern of world trade, for discrimination, and for economic ex ploitation - for economic effects generally considered undesirable.
Author: United States Tariff Commission (Wash.)
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: United States Tariff Commission
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 294
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Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 294
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Book Description
Author: United States. Office of Strategic Services. Research and Analysis Branch
Publisher:
ISBN:
Category : Germany
Languages : en
Pages : 12
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Author: United States. Department of the Army
Publisher:
ISBN:
Category : Germany
Languages : en
Pages : 12
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Author:
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 26
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Book Description
Author: Frank C. Child
Publisher: Ayer Publishing
ISBN: 9780405112096
Category : Business & Economics
Languages : en
Pages : 241
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Book Description
