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The volume is divided into three parts:A: Economic Growth and Related Problems (covering international trade and economic integration, including a comparative study between Europe and America)B: Theoretical Welfare Economics (welfare propositions in economics, profit maximization and its implications and the Theory of Tariffs)C: Practical Welfare Economics (the price of economic progress, equity and international payments).
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The volume is divided into three parts:A: Economic Growth and Related Problems (covering international trade and economic integration, including a comparative study between Europe and America)B: Theoretical Welfare Economics (welfare propositions in economics, profit maximization and its implications and the Theory of Tariffs)C: Practical Welfare Economics (the price of economic progress, equity and international payments).
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This general introduction to the theory of money and of balance of payments adjustment was originally published in 1969. It was the first book to pay full attention to the theory of assets: the relation of the supply of assets to the demand for holding them and the significance of asset movements for balance of payments adjustment. Written in simple language and with brevity, the book is intended for the student with a general knowledge of economics and economic institutions, but with no specialised knowledge of these topics.
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This general introduction to the theory of money and of balance of payments adjustment was originally published in 1969. It was the first book to pay full attention to the theory of assets: the relation of the supply of assets to the demand for holding them and the significance of asset movements for balance of payments adjustment. Written in simple language and with brevity, the book is intended for the student with a general knowledge of economics and economic institutions, but with no specialised knowledge of these topics.
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