Money in a MaelstromMacmillan Company, 1949 - 221 páginas |
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Página 192
... official rate to certain transactions , permit dealings at other rates than the official rate for other transactions . As has been described , the German authorities under the Schachtian system permitted dealings in " Sperr- marks " at ...
... official rate to certain transactions , permit dealings at other rates than the official rate for other transactions . As has been described , the German authorities under the Schachtian system permitted dealings in " Sperr- marks " at ...
Página 195
... officially established rates of exchange . In the long run equilibrium can be maintained only if those official rates are such that neither the internal economic development of the countries nor their economic relations with each other ...
... officially established rates of exchange . In the long run equilibrium can be maintained only if those official rates are such that neither the internal economic development of the countries nor their economic relations with each other ...
Página 196
... official rate nor any of the other rates is equal to that " natural " rate . In the case of official rates , maintained by exchange control , offer and demand are not identical to what they would be if there were no ex- change control ...
... official rate nor any of the other rates is equal to that " natural " rate . In the case of official rates , maintained by exchange control , offer and demand are not identical to what they would be if there were no ex- change control ...
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Palavras e frases frequentes
1925 gold standard acceptance assets Austria balance of payments bancor bankers bilateral Bretton Woods Agreements Bretton Woods Conference Bretton Woods system capital flight Central Banks clearing agreement Clearing Union coun crisis Dawes Plan debt debtor delegation depression devaluation dollar economic and financial effect equilibrium Europe exchange control exchange rates exchange restrictions exports financing foreign exchange free convertibility free currency Fund Agreement German Germany's Governor imports inflation institution interference International Bank international cooperation International Monetary Fund international monetary system international trade investment Keynes loans London long term Marshall Plan ment mone monetary agreements monetary authorities monetary policy monetary relations multilateral multiple currency Nazi offer and demand overvalued parity political principles problem rate of exchange reconstruction Reichsbank Reichsmark rency reparation payments Schacht short term credits situation social sterling surplus tary tion tional transactions transitional period United White Plan