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Excerpt from Foreign Exchange
The rapid and extensive developments in the field of com mercial credits during and after the war have made necessary three chapters on this subject, two of which are entirely new. Also the swift and surprising changes which recent years have witnessed in national monetary systems have greatly affected the part of the book devoted to monetary standards in relation to exchange rates. New sections have likewise been needed on methods of quoting rates, on the gold-bar standard, on central bank methods and measures in dealing with the exchanges and the gold movement, on the so-called sterilization of gold, as well as on the war and the exchanges, the silver and the paper exchanges, the purchasing power parity theory, export and import bounty effects of shifting exchanges, etc.
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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Foreign Exchange (Classic Reprint)
Print-on-DemandAnbieter: Forgotten Books, London, Vereinigtes Königreich
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Paperback. Zustand: New. Print on Demand. This book defines commercial paper as negotiable instruments used to facilitate payments in international trade. It discusses the preference for gold as a standard for international transactions, noting its stability and universal acceptability. The book explains the process by which bills of exchange are drawn, negotiated, accepted, and honored or dishonored. It also covers commercial paper, negotiable instruments created for commercial transactions, and the importance of their negotiability. The author highlights the concept of "holder in due course," a person who acquires commercial paper before its maturity without notice of any defects, and who is protected from personal defenses against payment. The book also delves into the legal obligations, liabilities, and defenses of parties involved in commercial paper transactions. The author emphasizes the role of negotiation, the act of transferring ownership, and describes different types of endorsements such as blank and special endorsements. The significance of the book lies in its comprehensive examination of the instruments and procedures used in international commercial transactions, providing valuable insights for those seeking a thorough understanding of this essential aspect of global trade. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781332799190_0
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Foreign Exchange Classic Reprint
Anbieter: PBShop.store US, Wood Dale, IL, USA
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781332799190
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Foreign Exchange Classic Reprint
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes Königreich
Verkäuferbewertung 5 von 5 Sternen
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781332799190
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