How can relative price and income approaches be reconciled with balance of payments analysis? John F. Kyle argues that a model is required which explicity includes a production sector and a complete monetary sectory.The author demonstrates the inadequacy of the traditional method of extending...

part Part I International financial markets and environment -- chapter 1 The world of international finance -- part Section I The markets for foreign exchange -- chapter 2 An introduction to exchange rates -- chapter 3 Forward exchange -- chapter 4 Currency futures and options markets -- part...