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Product details
- ISBN-10: 1557751978
- ISBN-13: 9781557751973
- Author: George S. Tavlas
- Language: English
Product description
A tripolar international monetary system-centered on the U.S. dollar, the deutsche mark, and the yen – appears to be emerging. This paper not only assesses the role of the yen as an international currency but also presents a unified theory of international currency use and distinguishes between the roles of a nation as a world banker and as an international financial intermediary.