International settlement first review

International settlement first review includes about Capital movement, Balance of Payment, Depreciation and BOT; difference between fixed and floating exchange rates; the free trade and globalizationc affect the Vietnamese capital market.
Nội dung trích xuất từ tài liệu:
International settlement first reviewInternational SettlementFIRST REVIEWDr. Nguyen Minh DucCapital movementCapital market of country Ahas its demand curve of Dand interest r on the left sideCapital market of country Bhas its demand curve of D*and interest r* on the rightsideSuppose A has 30 mil. USDin its capital, B has 10 mil.USD, represented by therelative supply curve S/S*Interest rate in A is 4% andin B is 12%.r*rS/S*12%8%4%D*0D2030K0*K*Thị trường vốn thế giớiDr Nguyen Minh Duc 20092Capital movementr*rS/S*12%8%4%D*0D2030KWith mobilizedcapital flowbetween 2countries, theinterest rates inthe two countrieswill approach totheir equilibrium at8%0*K*Thị trường vốn thế giớiDr Nguyen Minh Duc 20093Question Howthe free trade and globalizationaffect the Vietnamese capital market?Dr Nguyen Minh Duc 20094Balance of PaymentBOT + TSBGS + NIICA + KA = BOPDI + PIDr Nguyen Minh Duc 20095