Abstract
The purpose of this chapter is to build on the model of the open economy constructed and refined in previous chapters. Contained in the model described there is the core of a general theory of the balance of payments or of the exchange rate.
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© 1998 Graham Bird
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Bird, G. (1998). Balance of Payments Theory. In: International Macroeconomics. Palgrave Macmillan, London. https://doi.org/10.1057/9780230372290_4
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DOI: https://doi.org/10.1057/9780230372290_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-73401-8
Online ISBN: 978-0-230-37229-0
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)