Documents 25 The Exchange Rate and the Balance of Payments.

Parkin-Bade Chapter 34 25 The Exchange Rate and the Balance of Payments 1 Learning Objectives How the exchange rate is determined Trends and fluctuations in the exchange…

Documents THE EXCHANGE RATE AND THE BALANCE OF PAYMENTS

9 THE EXCHANGE RATE AND THE BALANCE OF PAYMENTS © 2014 Pearson Addison-Wesley After studying this chapter, you will be able to: Explain how the exchange rate is determined…