TY - BOOK AU - Brown,Brendan TI - The dollar-mark axis: on currency power SN - 0312216238 AV - HG3881 .B684 1979 U1 - 332.4'5 PY - 1979/// CY - New York PB - St. Martin's Press KW - International finance KW - Currency question KW - Money market N1 - Includes index; Includes bibliographies N2 - This paper provides a comprehensive analysis of the determinants of the dollar-mark axis. It shows that while financial factors affect the dollar/mark exchange rate, other factors such as monetary policy or the trade structure determine how currencies react to a given change in the dollar/mark rate. Also the main findings of the empirical work suggest that exchange rate policy, trade links and international portfolio bias are the principal determinants of the dollar-mark axis ER -