Money in International Exchange
Download or Read eBook Money in International Exchange PDF written by Ronald I. McKinnon and published by New York : Oxford University Press. This book was released on 1979 with total page 307 pages. Available in PDF, EPUB and Kindle.
| Author | : Ronald I. McKinnon |
| Publisher | : New York : Oxford University Press |
| Total Pages | : 307 |
| Release | : 1979 |
| ISBN-10 | : 9780195024098 |
| ISBN-13 | : 0195024095 |
| Rating | : 4/5 (98 Downloads) |
Book Synopsis Money in International Exchange by : Ronald I. McKinnon
Book excerpt: How do nations trade when no purely international money exists? This book describes how the use of national currencies, only some of which have the important international property of being convertible, allows most of world trade to be effectively monetized rather than bartered. Professor McKinnon's analysis represents the first attempt to focus on the microeconomic and monetary aspects of international exchange, and addresses unresolved problems in securing mutual monetary adjustment among the world's great trading economies.
