CHAPTER 13 EXCHANGE RATES AND THE FOREIGN EXCHANGE MARKET AN ASSET APPROACH 国际经济学PPT.pptVIP

CHAPTER 13EXCHANGE RATES AND THE FOREIGN EXCHANGE MARKET: AN ASSET APPROACH Figure 13-1 Dollar/Pound spot and Forward Exchange Rates, 1974-1998 Figure 13-2 Interest Rates on Dollar and Deutschemark Deposits, 1975-1998 Figure 13-3 The Relation Between the Current Dollar/Euro Exchange Rate and the Expected Dollar Return on Euro Deposits Figure 13-4 Determination of the Equilibrium Dollar/Euro Exchange Rate Figure 13-5 Effect of a Rise in the Dollar Interest Rate Figure 13-6 Effect of a Rise in the Euro Interest Rate