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Rose MCM cover
Money and Capital Markets: Financial Institutions and Instruments in a Global Marketplace, 8/e
Peter Rose, Texas A & M University
International Transactions and Currency Values

Chapter Objectives


You will explore the functions and roles performed by the international markets within the global financial system.

You will see how international payments for goods and services are made and how international borrowing and lending can be tracked through a nation’s balance-of-payments accounts.

You will come to understand how the values of national currencies (such as the dollar and the Euro) are determined within the modern financial system.




McGraw-Hill/Irwin




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