Dominick Salvatore International Economics | Ppt Patched ~upd~

For a comprehensive presentation based on Dominick Salvatore's " International Economics

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Breaking down the Current Account, Capital Account, and Financial Account. Foreign Exchange Markets: Nominal exchange rate (e): Domestic price of foreign

to determine equilibrium prices in isolation and through trade. Heckscher-Ohlin Theory: References

8. Foreign Exchange Markets & Exchange Rates (Chapters 13–14)

Nominal exchange rate (e): Domestic price of foreign currency.

Appreciation/depreciation vs. revaluation/devaluation.

Arbitrage, spot, forward, swaps, options.

Purchasing Power Parity (PPP): Absolute and relative.

Interest Rate Parity (IRP): Covered and uncovered.

References