Foreign Trade And Exchange Controls In Germany
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The Theory and Practice of Exchange Control in Germany
Author | : NA Child |
Publsiher | : Springer Science & Business Media |
Total Pages | : 252 |
Release | : 2013-03-13 |
Genre | : Business & Economics |
ISBN | : 9789401553018 |
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The Classical economist of the 19th century, with his faith in the ultimate efficiency and equity of free, impersonal markets, would certainly be amazed and dismayed by the developments in foreign exchange markets during the last thirty-five years. With the exception of the United States no important trading nation in the world of today maintains a freely convertible currency. On the contrary, each nation maintains a more or less comprehensive system of controls over the receipts and payments which can be effected in international markets. Recent efforts to reduce the extent and rigor of exchange regu lation, notably in Western Europe, have yielded modest results; it seems unlikely, however, that foreign exchange transactions will ever again be completely free of controL Foreign exchange control, with a greater or lesser degree of bilateralism, is a product born largely of necessity. Two world wars and a major world-wide depression so distorted the pattern of world trade and investment that free markets were simply unable to achieve their "normal" automatic adjustment. Ex change control, on the other hand, has demonstrated its efficiency as a means of maintaining a semblance of order in disorganized international markets. Unfortunately, however, exchange con trol also has great possibilities for further distortion of the pat tern of world trade, for discrimination, and for economic ex ploitation - for economic effects generally considered undesirable.
Business Information Service
Author | : Anonim |
Publsiher | : Unknown |
Total Pages | : 26 |
Release | : 1953 |
Genre | : Commerce |
ISBN | : MINN:30000010297368 |
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The Theory and Practice of Exchange Control in Germany
Author | : Frank C. Child |
Publsiher | : Ayer Publishing |
Total Pages | : 241 |
Release | : 1978 |
Genre | : Business & Economics |
ISBN | : 0405112092 |
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Doing Business with Germany
Author | : Anonim |
Publsiher | : Unknown |
Total Pages | : 18 |
Release | : 1950 |
Genre | : Germany |
ISBN | : MINN:31951D03300848M |
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Foreign trade and Exchange Controls in Germany
Author | : Anonim |
Publsiher | : Unknown |
Total Pages | : 312 |
Release | : 1942 |
Genre | : Foreign exchange |
ISBN | : UIUC:30112119932926 |
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Foreign trade and Exchange Controls in Germany
Author | : United States Tariff Commission |
Publsiher | : Unknown |
Total Pages | : 310 |
Release | : 1943 |
Genre | : Foreign exchange |
ISBN | : MINN:30000011100538 |
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The Theory and Practice of Exchange Control in Germany
Author | : NA Child |
Publsiher | : Springer |
Total Pages | : 241 |
Release | : 1958-01-01 |
Genre | : Business & Economics |
ISBN | : 9401552983 |
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The Classical economist of the 19th century, with his faith in the ultimate efficiency and equity of free, impersonal markets, would certainly be amazed and dismayed by the developments in foreign exchange markets during the last thirty-five years. With the exception of the United States no important trading nation in the world of today maintains a freely convertible currency. On the contrary, each nation maintains a more or less comprehensive system of controls over the receipts and payments which can be effected in international markets. Recent efforts to reduce the extent and rigor of exchange regu lation, notably in Western Europe, have yielded modest results; it seems unlikely, however, that foreign exchange transactions will ever again be completely free of controL Foreign exchange control, with a greater or lesser degree of bilateralism, is a product born largely of necessity. Two world wars and a major world-wide depression so distorted the pattern of world trade and investment that free markets were simply unable to achieve their "normal" automatic adjustment. Ex change control, on the other hand, has demonstrated its efficiency as a means of maintaining a semblance of order in disorganized international markets. Unfortunately, however, exchange con trol also has great possibilities for further distortion of the pat tern of world trade, for discrimination, and for economic ex ploitation - for economic effects generally considered undesirable.
The Effect of Financial Policy and Direct Controls on the Balance of International Payments with Special Reference to Post war German Experience
Author | : Bogdan Mieczkowski |
Publsiher | : Unknown |
Total Pages | : 430 |
Release | : 1953 |
Genre | : Electronic Book |
ISBN | : UIUC:30112107029057 |
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