Theory of the Foreign Exchanges

Theory of the Foreign Exchanges by Goschen George Joachim Goschen Viscount delves into the intricate dynamics of international finance and trade. The book explores the underlying economic conditions driving capital flows between countries and the factors influencing currency value fluctuations. It discusses the role of speculators interest rates government policies and exchange operations in shaping foreign exchange rates. Through a detailed analysis the book aims to demystify the complexities of foreign exchanges and provide insights into the fundamental principles of international financial transactions.