Economy with Flexible Exchange Rates $x 13.5 Fixed Exchange Rates Chapter 14 Monetary

Transfers - The Public Dept - World Markets in Goods and Credit - Exchange Rates - Financial Intermadiation

lnstability: Unemployment 21 Exchange Rates, the Balance of Payments, and lnflation 83 and Trade Deficits 251

of International Adjustment under Fixed and Flexible Exchange Rates'R. A. Mundell (1971), `The Dollar

. Johnson -- Domestic stability versus exchange rate stability / Leland B. Yeager -- Comment: is managed