InternationalEconomics.ppt

Chapter 10 Exchange Rates and The Foreign Exchange Market Ⅰ. Exchange rates and international transition ⅰ. Foreign Exchange c.Two changes in exchange rate d.Classification of exchange rate ⅲ. Exchange rate and international transition a. Domestic and foreign prices (＄ 1.50 /￡) × (￡50)= ＄75 (＄ 1.25 /￡) × (￡50)= ＄62.50 (＄ 1.75 /￡) × (￡50)= ＄87.50 Conclusion:P331-332 b.Exchange rates and relative prices Table13-2 Conclusion Ⅱ. The foreign exchange market ⅰ. Conce