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What is Chapter-03 International Financial Markets about?

Barriers such as tax differentials, tariffs, quotas, labor immobility, communication costs create unique opportunities for specific geographic markets. Foreign exchange market allows currencies to be exchanged in order to facilitate international trade or financial transactions. In 1973, the official boundaries for the more widely traded currencies were eliminated and the floating exchange rate system came into effect.

Author

RajiChowdhury

Language

EN