Search results for: “fixed exchange rates”
-
Trade And Foreign Exchange
Trade and foreign exchange in Global Commerce Policy In this regard, a definition of this issue is as follows: suggested by some for consideration in the WTO as a new trade issue. The entries on trade policy are here. It concerns the relationship between international trade and the exchange […]
-
Trade And Foreign Exchange
Trade and foreign exchange in Global Commerce Policy In this regard, a definition of this issue is as follows: suggested by some for consideration in the WTO as a new trade issue. The entries on trade policy are here. It concerns the relationship between international trade and the exchange […]
-
Bretton Woods Agreement
An agreement signed by the original United Nations members in 1944 that established the International Monetary Fund (IMF) and the post-World War II international monetary system of fixed exchange rates….
-
Gold Standard
An international monetary system in which currencies are defined in terms of their gold content and payment imbalances between countries are settled in gold. It was in effect from about 1870-1914….
-
Mercantilism
An economic philosophy of the sixteenth through the eighteenth centuries that called for maximizing exports and minimizing imports, thus creating a national profit that kings could spend on military prowess.
-
Value
The utility of an object in direct or indirect relation to the needs or desires of human beings. In this sense it is known as value in use. It also means the power of purchasing other goods or services which the possession of that object conveys, in which sense it is called value in exchange.…
-
Swap
An arrangement whereby two companies lend to each other on different terms, e.g. in different currencies, and/or at different interest rates, fixed or floating….