Theories of Exchange-Rate Determination

  • Bird G
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Abstract

The general theory of the balance of payments constructed in the previous chapter may, with little difficulty, be modified to become a general theory of exchange-rate determination. With flexible exchange rates, a position of equilibrium as represented by a point of...

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APA

Bird, G. (1987). Theories of Exchange-Rate Determination. In International Macroeconomics (pp. 49–65). Palgrave Macmillan UK. https://doi.org/10.1007/978-1-137-09829-0_5

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