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This two volume set offers a collection of papers from scholars in the field of international finance. The topics covered include: the competitiveness of national currencies and the workings of foreign exchanges; the balance of trade and the balance of payments, including the effects of exchange rates; and the arrangements of international payments and currency exchanges. Providing an extensive overview of the subject, this book should be of value to students of scholars with an interest in the workings of international exchanges and international investment.