ECSENOMICS Chapter 29 Exchange Rates and the International Financial System McGraw-Hilllrwin Copyright C 2001 The McGraw-Hill Companies, Inc. All rights reserved
McGraw-Hill/Irwin Copyright © 2001 The McGraw-Hill Companies, Inc. All rights reserved. Chapter 29 Exchange Rates and the International Financial System
ECSENOMICS Growing U.S. Openness T213 Figure 29-1 Imports/GDP 12 195019551960196519701975 19801985199019952000 McGraw-Hilllrwin Source: U.S. Department of Commerce
McGraw-Hill/Irwin Copyright © 2001 The McGraw-Hill Companies, Inc. All rights reserved. T-213 Figure 29-1 Source: U.S. Department of Commerce Growing U.S. Openness
ECSENOMICS Openness of Different Economies. 1997 T214 Figure 29-2 49s Brazil Mexico Netherlands RU Germany Canada Hong Kon McGraw-Hilllrwin Source:WorldBank,www.worldbank.org/data/wdil
McGraw-Hill/Irwin Copyright © 2001 The McGraw-Hill Companies, Inc. All rights reserved. Openness of Different Economies, 1997 T-214 Figure 29-2 Source: World Bank, www.worldbank.org/data/wdi/
ECSENOMICS Exchange-Rate Determination T215 Figure 29-3 D Foreign exchange(dollars) McGraw-Hilllrwin Copyright C 2001 The McGraw-Hill Companies, Inc. All rights reserved
McGraw-Hill/Irwin Copyright © 2001 The McGraw-Hill Companies, Inc. All rights reserved. Exchange-Rate Determination T-215 Figure 29-3
ECSENOMICS A Decrease in Demand for Dollars Leads to Dollar Depreciation T216 Figure 29-4 *品55 100 E 75 D D 0 Foreign exchange(dollars) McGraw-Hilllrwin Copyright C 2001 The McGraw-Hill Companies, Inc. All rights reserved
McGraw-Hill/Irwin Copyright © 2001 The McGraw-Hill Companies, Inc. All rights reserved. A Decrease in Demand for Dollars Leads to Dollar Depreciation T-216 Figure 29-4