Price Adjustments and Balance-of- Payments Disequilibrium Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin Chapter.
Exchange Rate Regimes Two polar cases –Fixed (pegged) exchange rates CB buys or sells reserves to maintain a set price of foreign exchange –Flexible exchange.
International Business Chapter Ten The Determination of Exchange Rates.
Andrew Walter (London - Dec 2010)
1 of 40 Copyright © 2011 Worth Publishers· International Economics· Feenstra/Taylor, 2/e. Chapter 12: The Global Macroeconomy The Global Macroeconomy Prepared.
WHAT HAVE WE LEARNED FROM RECENT FINANCIAL CRISES IN EMERGING COUNTRIES? José Viñals Banco de España Rome, July 23 rd 2004.
1 International Macroeconomics Chapter 2 Introduction to Exchange Rates and the Foreign Exchange Market.
Presented by: Dr. Peter Larose Sit Back, Relax, Enjoy, The Presentation Financial Crises & its Contagion Effect.
The Determination of Exchange Rates Chapter Ten. 10-2 The International Monetary Fund International Monetary Fund (IMF): a multi- national institution.
International Economics. Chapter 14 The Choice of Exchange Rate System in Countries and World Main Contents Optimum Currency Areas and the European Optimum.
CHAPTER 9 Optimum Currency Areas and the European Experience.
CHAPTER 9 Optimum Currency Areas and the European Experience