This book collects together the basic documents of an approach to the theory and policy of the balance of payments developed in the 1970s. The approach marked a

This book collects together the basic documents of an approach to the theory and policy of the balance of payments developed in the 1970s. The approach marked a

We survey the literature on the two main views of exchange rate determination that have evolved since the early 1970s: the monetary approach to the exchange rat