Ch29 International Financial System

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    Exchange Rates&

    International Financial System

    Chapter 29

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    Growing U.S. Openness

    Chapter 29

    Figure 29-1

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    Openness aries Enormo!sly

    across Regions

    Chapter 29

    Figure 29-2

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    Exchange"Rate #etermination

    Chapter 29

    Figure 29-3

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    $ #ecrease in #eman% or #ollars

    'ea%s to #ollar #epreciation

    Chapter 29

    Figure 29-4

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    (onetary )ightening Increases

    #eman% or #ollars an% *ro%!ces

    #ollar $ppreciation

    Chapter 29

    Figure 29-5

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    *** Calc!lations Change the

    Relati+e Si,e o -ations /990

    Chapter 29

    Figure 29-6

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    1!mes Fo!r"*ronge% International

    $%3!stment (echanism

    Chapter 29

    Figure 29-7

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    Go+ernments Inter+ene to #een%

    Fixe% Exchange Rate

    Chapter 29

    Figure 29-8

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    Chapter 29

    Table 29-1

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    Chapter 29

    Table 29-2

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    Chapter 29

    Table 29-3