P.16 International Finance By Dr.Lucas Webiro - Nov 2013

P.16 International Finance By Dr.Lucas Webiro - Nov 2013

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An Introduction to International Finance.
the meaning and importance of international Finance
1. Introduction
International macroeconomics (or international finance) as a subject covers many topical issues. What has happened (what will happen) to the dollar? Is the current account deficit too large? Should China devalue its yean? 1 Should it first liberalize financial flows? Should Sweden give up its currency to join the euro? Should emerging market economies liberalize their financial markets? Is this good for world economic growth, or a source of instability?
 

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