International Economics - International Payments - Sebastião Garcia de Freitas

International Economics - International Payments - Sebastião Garcia de Freitas

International Economics: International Payments by Sebastião Garcia de Freitas

A Comprehensive Guide to Understanding International Payments

In today's interconnected global economy, understanding international payments is crucial for businesses, policymakers, and individuals alike. Sebastião Garcia de Freitas' comprehensive book, "International Economics: International Payments," provides a thorough exploration of this complex topic, offering readers a deep understanding of the mechanisms, instruments, and challenges involved in international financial transactions.

Key Features:

  • Comprehensive Coverage: The book covers a wide range of topics related to international payments, including foreign exchange markets, exchange rate determination, international trade financing, and the role of international financial institutions.

  • In-depth Analysis: Freitas delves into the intricacies of international payments, providing detailed explanations of concepts such as currency convertibility, exchange rate regimes, and balance of payments.

  • Real-World Examples: The book is enriched with real-world examples and case studies, illustrating the practical application of international payments concepts and helping readers grasp their significance in the global economy.

  • Clear and Engaging Writing Style: Freitas presents complex economic concepts in a clear and engaging manner, making the book accessible to readers with varying levels of economic knowledge.

Chapter Summaries:

Chapter 1: Introduction to International Payments

  • Provides an overview of the importance of international payments in the global economy and introduces key concepts such as foreign exchange and exchange rates.

Chapter 2: Foreign Exchange Markets

  • Explores the structure and functioning of foreign exchange markets, including participants, trading mechanisms, and factors influencing exchange rate movements.

Chapter 3: Exchange Rate Determination

  • Delves into the various theories and models used to explain exchange rate determination, including the purchasing power parity theory, the interest rate parity theory, and the monetary approach.

Chapter 4: International Trade Financing

  • Discusses the different methods used to finance international trade, such as letters of credit, documentary collections, and export credit insurance.

Chapter 5: The Role of International Financial Institutions

  • Examines the role of international financial institutions, such as the International Monetary Fund (IMF) and the World Bank, in facilitating international payments and promoting global economic stability.

Chapter 6: Challenges in International Payments

  • Addresses challenges and risks associated with international payments, including exchange rate volatility, country risk, and trade barriers.

Why You Should Read This Book:

"International Economics: International Payments" is an essential resource for anyone seeking a comprehensive understanding of international payments. Whether you're a business professional, a policymaker, a student, or simply someone curious about the global economy, this book provides valuable insights and practical knowledge that will enhance your understanding of this critical aspect of international economics.


Don't miss out on this opportunity to gain a deeper understanding of international payments. Order your copy of "International Economics: International Payments" today and embark on a journey that will broaden your knowledge and empower you to navigate the complexities of the global economy with confidence.