10 ENGLISH BOOKS RELATING TO «GOLD EXPORT POINT»
Discover the use of
gold export point in the following bibliographical selection. Books relating to
gold export point and brief extracts from same to provide context of its use in English literature.
rate of foreign exchange will fluctuate. These limits of fluctuations in the market
foreign exchange rate are known as the upper and the lower gold points. The
upper or the gold export point is obtained by adding the cost of exporting gold to
the ...
2
Public Finance and International Trade
Hence, from the point of view of America this limit (or point) will be called Gold
Export Point or Upper Gold Point and from the point of view of England it will be
called Gold Import Point or Lower Gold Point. Thus at any given time the upper ...
3
Money and Market in the Economy of All Times
If the exchange rate is higher than the gold-export point, private-sector—or “gold-
point arbitrageurs”—export gold, thereby obtaining foreign currency. Conversely,
for the exchange rate less than the gold-import point, gold is imported and ...
4
Money and Investments: A Reference Book for Use of Those ...
"gold export point " at $4.89, and the "gold import point " at $4,827, but previous
to the great World war, the reduced cost of freight and insurance, together with
the shorter time consumed in transmission, had tended to bring the two points ...
Montgomery Rollins, Percy W. Brown, 1917
5
The Cambridge Economic History of Europe
Once the sterling exchange rate had depreciated sufficiently to cover these costs,
it became cheaper to ship gold: this position was known as the gold export point
for sterling at which the outflow of gold stabilized the exchange rate.
Michael Moïssey Postan, Peter Mathias, H. J. Habakkuk, 1989
6
Dictionary of Economics
GOLD POINTS Refers to those exchange rate levels at which, when a currency is
on a gold standard, it becomes profitable to buy gold from the central bank and
export it (the 'gold export point') or import gold and sell it to central bank (the ...
7
Monetary Theory and Public Policy
The gold export point is the upper limit beyond which the domestic price of a
foreign currency may not rise, while the gold import point is the lower limit beyond
which the domestic price of a foreign currency may not fall. It goes without saying
...
Kenneth K. Kurihara, 2013
8
A Retrospective on the Classical
Gold Standard, 1821-1931
The exchange rate went outside the gold export point on 31 May 1928. On 5,6,
and 7 June one bank exchanged $7 million of Dominion notes for gold. The next
day the advance rate was raised to 5 percent for all new advances secured by ...
Michael D. Bordo, Anna J. Schwartz, 2009
9
International Financial Management
The upper limit was known as the gold export point'. The pound could not rise
above the gold export point because the rate would then be greater than the
actual cost of shipping gold. If the value of the gold export point was greater, a US
...
10
International Monetary Economics
Under the gold standard the price of foreign currency cannot rise to OT, which is
above the gold export point OA. At the exchange rate OA the supply of foreign
exchange becomes perfectly elastic, the supply curve sharply turning parallel to
the ...
2 NEWS ITEMS WHICH INCLUDE THE TERM «GOLD EXPORT POINT»
Find out what the national and international press are talking about and how the term
gold export point is used in the context of the following news items.
Vince Foster: Welcome to Sarajevo -- History's Greatest Black Swan …
... and the increase in the exchange rate to $4.92 per pound, four cents above the gold export point, provoked gold shipments. On July 31, 1914 ... «Minyanville.com, Jun 14»
How the British Pound Sterling Fell From Grace
Here's the intuitive explanation of the 'Gold Export Point': Imagine you're in ... point is exactly the 'Gold Export Point' – i.e. when it's cheaper to ... «The Market Oracle, Jul 11»
