This book explores the crucial role of acceptances or time bills of exchange in facilitating mutual debt settlements between individuals, as well as nations, by tracing the development and use of this financial instrument. The author provides a comprehensive historical background, comparing the systems of England, France and Germany, highlighting the extensive use of acceptances in international commerce and their impact on the flow of goods and services. The book demonstrates how acceptances act as a type of special currency, akin to the transfer of gold, and emphasizes their importance in the global financial system. Throughout, the author underscores the enduring value of acceptances, from their origins in primitive barter systems to their contemporary significance in international banking and trade.
"synopsis" may belong to another edition of this title.
FREE shipping from United Kingdom to U.S.A.
Destination, rates & speedsSeller: Forgotten Books, London, United Kingdom
Paperback. Condition: New. Print on Demand. This book explores the crucial role of acceptances or time bills of exchange in facilitating mutual debt settlements between individuals, as well as nations, by tracing the development and use of this financial instrument. The author provides a comprehensive historical background, comparing the systems of England, France and Germany, highlighting the extensive use of acceptances in international commerce and their impact on the flow of goods and services. The book demonstrates how acceptances act as a type of special currency, akin to the transfer of gold, and emphasizes their importance in the global financial system. Throughout, the author underscores the enduring value of acceptances, from their origins in primitive barter systems to their contemporary significance in international banking and trade. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781332862603_0
Quantity: Over 20 available
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332862603
Quantity: 15 available
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332862603
Quantity: 15 available