International Economics Part International financial relations Lecture 7 BOP in Open Economy Lecture 8 Market-Determined Exchange Rates Lecture 9 The International.
Price Levels and the Exchange Rate in the Long Run Chapter 15 Prepared by Iordanis Petsas To Accompany International Economics: Theory and Policy International.
Slide 15-1Copyright © 2003 Pearson Education, Inc. The Law of One Price Identical goods sold in different countries must sell for the same price when their.
Slide 15-1Copyright © 2003 Pearson Education, Inc. Introduction The Law of One Price Purchasing Power Parity A Long-Run Exchange Rate Model Based.
Slide 15-1Copyright © 2003 Pearson Education, Inc. Exchange rates and the Foreign Exchange Market Money, Interest Rates and Exchange Rates Price Levels.
C HAPTER 14 MONEY, INTEREST RATES AND EXCHANGE RATES.
International Economics. Chapter 11 Price Levels and the Exchange Rate in the Long Run Main Contents The Law of One Price The Law of One Price Purchasing.
The European Monetary Union (the eurozone) .
Stephen G. CECCHETTI Kermit L. SCHOENHOLTZ Foreign Exchange Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
