LESSON 2


The Foreign Exchange Market


Topic 1: Foreign Exchange Rates

Topic 2: Forward Exchange

Topic 3: The Relationship Between Spot and Forward Exchange Rates

Topic 4: Interest Rate Parity

Topic 5: International Constraints on Domestic Nominal Interest Rates

Topic 6: International Constraints on Domestic Real Interest Rates

Topic 7: Some Empirical Evidence

General Readings

-----

PREPARED BY

John E. Floyd
Professor of Economics, University of Toronto
Toronto, Ontario, Canada

Copyright, John E. Floyd
j.floyd@utoronto.ca