The book also serves as a valuable supplement for courses on economics, business, and international finance at the upper-undergraduate and graduate levels. "This book is remarkable.

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The authors explain the real international value of the US dollar relativ to the G10 countries, and the US current account. These are two large economies.

This edition of this established text addresses the impact of the global financial crisis.

A wonder of clarity, with the ideal balance of topic coverage for advanced undergraduate and Masters courses.

Since 1998, the staff of the International Monetary Fund has published a classification of countries' de facto exchange rate arrangements.