This two-volume set offers an authoritative collection of significant papers by leading scholars in the field of international finance. Topics covered include the competitiveness of national currencies and the workings of foreign exchanges, the problems and advantages of foreign investment, the balance of trade and the balance of payments including the effects of exchange rates, and the arrangements of international payments and currency exchanges.

The book presents an extensive overview of the subject and is a valuable guide to students and scholars with an interest in the workings of international exchanges and international investment.