Credit Weight: 0.5 Prerequisite(s): Economics 1100 Description: The balance of payments and its adjustment. The foreign exchange market. Fixed versus flexible exchange rates. Internal-external balance. Demand for international reserves and international liquidity. Capital movements: long and short term. The Eurodollar market. The international monetary system. Canadian-U.S. financial relationships, Canada under floating exchange rates. Offering: 3-0; or 3-0
Credit Weight: 0.5 Prerequisite(s): Economics 1100 Description: The balance of payments and its adjustment. The foreign exchange market. Fixed versus flexible exchange rates. Internal-external balance. Demand for international reserves and international liquidity. Capital movements: long and short term. The Eurodollar market. The international monetary system. Canadian-U.S. financial relationships, Canada under floating exchange rates. Offering: 3-0; or 3-0