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International Economics: Theory, Application, and Policy, Ch. 23; Charles van Marrewijk, 2006 1 Figure 23.1 Alfred Marshall (1842-1924)
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International Economics: Theory, Application, and Policy, Ch. 23; Charles van Marrewijk, 2006 2 Figure 23.2 The exchange rate and current account equilibrium
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International Economics: Theory, Application, and Policy, Ch. 23; Charles van Marrewijk, 2006 3 Figure 23.3 The Marshall – Lerner condition and stability
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International Economics: Theory, Application, and Policy, Ch. 23; Charles van Marrewijk, 2006 4 Figure 23.4 Fixed exchange rates and intervention
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International Economics: Theory, Application, and Policy, Ch. 23; Charles van Marrewijk, 2006 5 Figure 23.5 The J-curve
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International Economics: Theory, Application, and Policy, Ch. 23; Charles van Marrewijk, 2006 6 Figure 23.6 Estimated price elasticities for trade in manufactured goods
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International Economics: Theory, Application, and Policy, Ch. 23; Charles van Marrewijk, 2006 7 Figure 23.7 USA; Plaza, Louvre, and J-curve
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International Economics: Theory, Application, and Policy, Ch. 23; Charles van Marrewijk, 2006 8 Figure 23.8 Domestic equilibrium
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International Economics: Theory, Application, and Policy, Ch. 23; Charles van Marrewijk, 2006 9 Figure 23.9 External equilibrium
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International Economics: Theory, Application, and Policy, Ch. 23; Charles van Marrewijk, 2006 10 Figure 23.10 The Swan diagram
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International Economics: Theory, Application, and Policy, Ch. 23; Charles van Marrewijk, 2006 11 Figure 23.11 Violation of the Tinbergen rule: two objectives – one instrument
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International Economics: Theory, Application, and Policy, Ch. 23; Charles van Marrewijk, 2006 12 Figure 23.12 The assignment problem
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International Economics: Theory, Application, and Policy, Ch. 23; Charles van Marrewijk, 2006 13 Figure 23.13 Italian adjustments, 1986-1993
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