International EconomicsChapter10ExchangeRatesandTheForeignExchangeMarketMain ContentsMain ContentsExchangeratesandinternationaltransitionTheforeignexchangemarketThedemandforforeigncurrencyassetsEquilibriumintheforeignexchangemarketKey termsKey termsappreciationdepreciationexchangeraterateofappreciationforwardexchangeratespotexchangerateinterbanktradinginterestparityconditionliquidityriskrateofreturnvehiclecurrencyrealrateofreturninterestratearbitrage.Exchangeratesandinternationaltransition.Forei
