国际经济学CH13.pdfVIP

Chapter 13 • Exchange Rates and the Foreign Exchange Market:An Asset Approach Chapter Organization • Introduction • Exchange Rates and International Transactions • The Foreign Exchange Market • The Demand for Foreign Currency Assets • Equilibrium in the Foreign Exchange Market • Interest Rates, Expectations, and Equilibrium 12/4/2014 2 • Summary Introduction • Exchange rates are important because they enable us to translate d