000			01514cam a2200289 i 4500
008			780117t1979 nyuaaaaerb 001 0 eng
020			_a0195024087 :
020			_a0195024095 (pbk.) :
040			_aDLC _cDLC
050	0	0	_aHG3881 _b.M2737
082	0	0	_a332.4'5 _bMCK
100	1		_aMcKinnon, Ronald I.
245	1	0	_aMoney in international exchange : _bthe convertible currency system /
260			_aNew York : _bOxford University Press, _cc1979.
300			_axii, 294 p. :ill,
500			_aIncludes index.
504			_aIncludes bibliographical references.
520			_aThis book gives a description and analysis of international finance in accordance with the present system of exchange-rate floating, the author redefines convertibility so that it continues to incorporate all current transactions plus trade credit, but excludes reference to any official obligation to maintain exchange-rate parities. Also, the important role of commercial banks in foreign- exchange trading-often de-emphasized in the literature- is given central importance, with emphasis placed both on traditional foreign-exchange banking (deposits and loans denominated exclusively in the currency of the country in which the bank is resident) and on Eurocurrency banking.
590			_ausc 01/08/18; 26/09/18
591			_aLoans
650		0	_aInternational finance.
650		0	_aMonetary unions.
650		0	_aForeign exchange rates.
650		0	_aForeign exchange
942			_2ddc _cBOOK
949			_a332.4'5 MCK
999			_c9508 _d9508