The balance of payments and its adjustment. The foreign exchange market. Fixed versus flexible exchange rates. Internal-external balance. Demand for international reserves and international liquidity. Capital movements: long and short term. The Eurodollar market. The international monetary system. Canadian-U.S. financial relationships, Canada under floating exchange rates.
Credit Weight:
0.5
Prerequisite(s):
Economics 1100
Offering:
3-0; or 3-0
Course Classifications:
Type B: Social Sciences