PublishedPrinceton University Press, July 2016 |
ISBN9780691173849 |
FormatSoftcover, 320 pages |
Dimensions23.5cm × 15.2cm |
The exchange rate is the most important price in any economy, since it affects all other prices. Exchange rates are set, either directly or indirectly, by government policy. Exchange rates are also central to the global economy, for they profoundly influence all international economic activity. Despite the critical role of exchange rate policy, the