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7/26/2019 Ch29 International Financial System
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Exchange Rates&
International Financial System
Chapter 29
7/26/2019 Ch29 International Financial System
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7/26/2019 Ch29 International Financial System
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Growing U.S. Openness
Chapter 29
Figure 29-1
7/26/2019 Ch29 International Financial System
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Openness aries Enormo!sly
across Regions
Chapter 29
Figure 29-2
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Exchange"Rate #etermination
Chapter 29
Figure 29-3
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$ #ecrease in #eman% or #ollars
'ea%s to #ollar #epreciation
Chapter 29
Figure 29-4
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(onetary )ightening Increases
#eman% or #ollars an% *ro%!ces
#ollar $ppreciation
Chapter 29
Figure 29-5
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*** Calc!lations Change the
Relati+e Si,e o -ations /990
Chapter 29
Figure 29-6
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1!mes Fo!r"*ronge% International
$%3!stment (echanism
Chapter 29
Figure 29-7
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Go+ernments Inter+ene to #een%
Fixe% Exchange Rate
Chapter 29
Figure 29-8
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Chapter 29
Table 29-1
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Chapter 29
Table 29-2
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Chapter 29
Table 29-3