International finance plays a large, although often hidden, role in our lives. Consequently, an understanding of this marketplace is essential to understanding the new global economy. From a Canadian standpoint, students are provided with an exhaustive introduction to the currency market in this note.
The history of the Canadian dollar is chronicled in this study from the days of confederation to this very day. Many aspects of the present flexible exchange rate system and the terminology used in the different exchange marketplaces - the area, forward, future, options and swap markets - are introduced.
Publication Date: 02/02/2001
This is just an excerpt. This case is about Finance
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