Money and the balance of payments

The paper argues that the balance of payments is a monetary phenomenon, and that it can only be understood by the application of monetary theory. Although this may seem obvious, it tends to be obscured from public understanding, and the understanding even of most international economic theorists, by...

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Bibliographic Details
Main Author: H.G. JOHNSON
Format: Article
Language:English
Published: Associazione Economia civile 2014-01-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11490