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ECF3221 International Economics and Finance III
Credit Points: 15
ECF2210 Capital Markets II
ECF2380 Business Economics II
International economics is divided into two major branches: trade and finance. Since the area came into being in the sixteenth century, international trade was always the main focus of economists. International finance was confined to the study of international financial activities associated with the finance of international trade. This subservient nature of international finance changed with the collapse of the adjustable pegged exchange rate system (better known as the Bretton Woods System) in 1971 and the advent of globalisation of financial markets and worldwide deregulation of financial markets. Nowadays, the study of international finance can be regarded as an area in its own right. The primary objective of this unit is to introduce you to the essence of international trade and finance.

Full Unit Outline

This Unit is part of the following Courses / Unit Sets
MAAAAJEconomics Major
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Last Updated - Higher Education: 15/03/2013 VET: 20/05/2013