Description: Basics of Foreign Exchange Markets : A Monetary Systems Approach, Paperback by Gerdes, William D., ISBN 1606498207, ISBN-13 9781606498200, Brand New, Free shipping in the US In an increasingly interdependent global economy, an understanding of foreign exchange markets is more critical than ever. These markets are inextricably entwined with underlying monetary standards and consequently they are treated conjointly in this book. Four different foreign exchange rate regimes are analyzed including exchange rates under commodity money, fiduciary money, fiat money (with fixed exchange rates), and fiat money (with flexible exchange rates). For more than eight decades, most ountries have operated with fiat money. Proponents maintain that fiat money provides individual countries with much greater monetary autonomy. Yet both analytics and experience indicate that this is not always the case. Whether a country has more monetary autonomy depends on whether fiat money is paired with fixed or flexible exchange rates. Although flexible exchange rate regimes are not without their critics, it has become increasingly apparent that fiat money with flexible rates provides individual countries much greater monetary autonomy. This arrangement allows participants in foreign exchange markets greater latitude for adjusting to the wide variations in national monetary policies that are prevalent with fiat money. Several audiences may find this book beneficial: undergraduate students in economics and finance, students of international business, graduate students, students in executive programs who need to expand their knowledge of international finance, and practicing executives and managers— especially those who are employed by companies operating globally.
Price: 19.88 USD
Location: Jessup, Maryland
End Time: 2025-01-18T10:47:40.000Z
Shipping Cost: 0 USD
Product Images
Item Specifics
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
Refund will be given as: Money Back
Return policy details:
Book Title: Basics of Foreign Exchange Markets : A Monetary Systems Approach
Number of Pages: 94 Pages
Language: English
Publication Name: Basics of Foreign Exchange Markets : a Monetary Systems Approach
Publisher: Business Expert Press
Publication Year: 2014
Subject: Marketing / General, Foreign Exchange
Item Height: 0.2 in
Item Weight: 23.5 Oz
Type: Textbook
Item Length: 9 in
Subject Area: Business & Economics
Author: William D. Gerdes
Item Width: 6 in
Format: Trade Paperback