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Paperback International Financial Integration Book

ISBN: 0521599377

ISBN13: 9780521599375

International Financial Integration

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Format: Paperback

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Book Overview

This study examines the progress made in integrating the financial markets of the major industrial countries: Britain, France, Germany, Japan, and the United States. Professor Marston shows that deregulation and liberalization have succeeded to such an extent that interest rates in any single currency are nearly the same regardless of whether they are offered in national or Eurocurrency markets. Professor Marston also demonstrates that currency denomination...

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