world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the …

The foreign exchange market is the largest, fastest-growing financial market in the world. Yet conventional … macroeconomic approaches do not explain why people trade foreign exchange. At the same time, they fail to explain the short … examine the volume of transactions, heterogeneity of traders, the time of day and location of trading, the bid-ask spread, and …

global economic system during the nineteenth century through the disruptions of two world wars and the Great Depression into …

The current account deficit of the United States is more than six percent of its gross domestic product—an all-time … high. And the rest of the world, including other G7 countries such as Japan and Germany, must collectively run current …

The trade policies addressed in this book have far-reaching effects on the world's increasingly interdependent ….S. trade policy since World War II, analyze industry-specific trade barriers, and discuss the effects of tariff preferences and …