Containing Fritz Machlup's papers on international finance spanning
thirty years, this volume includes pieces translated into English
for the first time. Focussing on the theme of the balance of
payments, the work is structured as follows: Foreign Exchanges and
Balance of Payments, The Effects of Devaluation, Gold and Foreign
Reserves, Capital Movements and the Transfer Problem. An
introduction to each section by the author is included.
General
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