Melvin's International Money and Finance offers a concise survey of international finance. The basics of the foreign exchange market and the balance of payments are presented, along with accessible discussions of the most recent research findings related to exchange rate determination. Topics range from the nitty-gritty of financing international trade to intuitive discussions of overshooting exchange rates and currency substitution. The Sixth Edition has been written in the same spirit as the first five-to provide a concise survey of international money and finance suitable for undergraduate and graduate economics courses, and MBA classes.
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