Chapter VII. The Mechanism of Adjustment

Chapters in this book

1. Frontmatter i
2. Preface ix
3. Contents xi
4. List of Charts xv
5. Chapter I. Introduction 1
6. Part I. The International Accounts
7. Chapter II. The commodity balance of trade 36
8. Chapter III. Transportation earnings 52
9. Chapter IV. Tourist expenditures, immigrant remittances, home Government expenditures in colonies 67
10. Chapter V. Foreign Investments 86
11. Part II. Analysis
12. Chapter VI. Partial Balances. Merchandise Balance of Trade 127
13. Chapter VII. The Mechanism of Adjustment 143
14. Chapter VIII. Specie movements ,Bank discountrate , and Bank reserves 172
15. Chapter IX. Paris market rates, bank portfolios, quantity of money in circulation 201
16. Chapter X. Barter terms of trade 224
17. Chapter XI. Barter terms of trade, continued 242
18. Chapter XII. Economic effects of French Capital exports 269
19. Chapter XIII. Economic effects of Capital Exports {continued) 289
20. Chapter XIV. Conclusion 301
21. Appendix 315
22. Bibliography 347
23. Index 353