Abstract
In Part IV we move away from the goods markets into the money markets. We examine how the profit maximization and mobility affect global prices of goods in terms of money, and how the alternative organizations of the monetary system impact the world and individual countries underlying inflation rates as well as the net flow of money across national borders. These determine the nominal exchange rate and balance of payments of the different economies. However, before we get into the discussion, it may be worthwhile to review the basic monetary assumptions made in developing our framework. We focus on the national and global monetary equilibrium under alternative monetary arrangements.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Economic Disturbances and Equilibrium in an Integrated Global Economy
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
