Originally published in 1926. This book explains clearly the depreciation of the franc, the return to the gold standard and dollar parity, inflation and deflation, the stabilization of the mark and its effects; and the connexion between exchange rates and prices. It describes the transfer of money abroad, bank credits, the various methods in which documentary bills are dealt with and foreign currencies exchanged. Based on the author’s practical experience of finance, it incorporates economic research and contains a concise statement of Britain’s debt to America, the Dawes Reparation Plan, and the debt settlements with France and Italy.
ISBN: | 9780415793452 |
Publication date: | 13th April 2017 |
Author: | Hubert C. Walter |
Publisher: | Routledge an imprint of Taylor & Francis Ltd |
Format: | Hardback |
Pagination: | 252 pages |
Series: | Routledge Library Editions: Exchange Rate Economics |
Genres: |
International economics Public finance accounting Political economy |