 |  Macroeconomics, 9/e Campbell R. McConnell,
University of Nebraska, Lincoln Stanley L. Brue,
Pacific Lutheran University Thomas P. Barbiero,
Ryerson University
Demand and Supply
Web LinksPacific University Supply and Demand in the Foreign Exchange Market
(http://www.mcel.pacificu.edu/mcel/projects/fcx/fcx3.html)
This short website, by Ken Stewart, provides a concise explanation of how demand and supply factors determine prices in the foreign exchange markets. This serves as a good application of the concepts presented in chapter 3. |
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