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Chapter IV
International Financial and Trade Arrangements |
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The problem of international monetary arrangements is the relation among different national currencies: the terms and conditions under which individuals are able to convert U.S. dollars to pounds sterling, Canadian dollars to U.S. dollars, and so on. This problem is closely connected with the control of money discussed in the preceding chapter. It is connected also with governmental policies about international trade, since control over international trade is one technique for affecting international payments. |
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The Importance of International Monetary Arrangements for Economic Freedom |
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Despite its technical character and forbidding complexity, the subject of international monetary arrangements is one that |
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