Project Gutenberg 2009-07-10 Public domain in the USA. 312 Escher, Franklin 1881 1952 20007740 Elements of Foreign Exchange: A Foreign Exchange Primer Produced by The Online Distributed Proofreading Team at http://www.pgdp.net (This file was produced from images generously made available by The Internet Archive/Canadian Libraries) "Elements of Foreign Exchange: A Foreign Exchange Primer" by Franklin Escher is an educational publication written in the early 20th century. The text serves as a comprehensive guide to understanding the intricacies of foreign exchange markets, aiming to demystify this financial realm for those without prior knowledge. The subject matter centers around the mechanisms of foreign exchange, the types of obligations that create demand and supply, and the factors influencing exchange rates. The opening of the primer sets the stage for a clear explanation of foreign exchange, detailing how obligations between international creditors and debtors are settled through drafts and bills of exchange. Escher outlines the different ways merchants and banks facilitate international trade through these instruments, emphasizing the core economic principles that drive the foreign exchange market. He establishes that the fluctuating rates of exchange are influenced by varying demands and supplies, driven by trade activity, capital flows, and international investment practices. The text aims to provide readers with a solid foundation in foreign exchange while making the potentially complex subject accessible and interesting. (This is an automatically generated summary.) Reading ease score: 60.0 (10th to 12th grade). Somewhat difficult to read. en Foreign exchange HG Text Browsing: Economics Browsing: Sociology Category: Economics 232508 2025-06-12T08:11:43.585079 text/html 227464 2009-07-10T05:15:44 text/html; charset=iso-8859-1 781198 2009-07-10T05:15:44 text/html; charset=iso-8859-1 application/zip 986316 2025-06-12T08:11:51.782991 application/epub+zip 988613 2025-06-12T08:11:47.567023 application/epub+zip 145109 2025-06-12T08:11:46.057017 application/epub+zip 1193590 2025-06-12T08:11:54.766021 application/x-mobipocket-ebook 1180787 2025-06-12T08:11:50.775003 application/x-mobipocket-ebook 268429 2022-08-13T11:56:03.721375 application/x-mobipocket-ebook 213415 2025-06-12T08:11:42.946073 text/plain; charset=us-ascii 213075 2009-07-10T05:15:44 text/plain; charset=iso-8859-1 71976 2009-07-10T05:15:44 text/plain; charset=iso-8859-1 application/zip 213067 2009-07-10T05:15:44 text/plain; charset=us-ascii 71949 2009-07-10T05:15:44 text/plain; charset=us-ascii application/zip 20061 2025-06-12T08:11:54.926983 application/rdf+xml 20586 2025-06-12T08:11:46.628034 image/jpeg 4478 2025-06-12T08:11:46.340029 image/jpeg 867066 2025-06-12T08:11:43.634043 application/octet-stream application/zip Archives containing the RDF files for *all* our books can be downloaded at https://book.klll.cc/wiki/Gutenberg:Feeds#The_Complete_Project_Gutenberg_Catalog