The Price of Economic Freedom: A Guide to Flexible Rates

Front Matter....Pages i-xv Front Matter....Pages 1-1 The Present System....Pages 3-5 Other Systems....Pages 6-8 Exchange Rates and the Balance of Payments....Pages 9-12 The Current British Situation....Pages 13-20 The Wider Effects of ‘Fixed Rates’....Pages 21-31 Front Matter....Pages 33-33 Are Exchange Rates Important?....Pages 36-47 Objections to Floating Rates....Pages 48-78 Sliding Parities, the E.E.C. and the Outlook....Pages 79-89 Conclusion....Pages 90-91 Back Matter....Pages 92-103