Chapter 14 Exchange Rates and Their Determination.pptVIP

Copyright ? 2009 Pearson Education, Inc. Publishing as Prentice Hall 14 – * C h a p t e r 1 4 To accompany International Economics, 3e by Sawyer/Sprinkle PowerPoint slides created by Jeff Heyl Copyright ? 2009 Pearson Education, Inc. Publishing as Prentice Hall Exchange Rates and Their Determination: A Basic Model CHAPTER ORGANIZATION Exchange Rates The Demand for Foreign Exchange The Supply of Foreign Exchange Equilibrium in the Foreign Exchange Market Changes in the Equilibrium Exchange Rate Exchange Rate Volatility and International Trade Summary INTRODUCTION The internationa