(See related pages)
- Understand the role played by the global monetary system in determining exchange rates.
- Be familiar with the historical development of the modern global monetary system.
- Appreciate the differences between a fixed and a floating exchange rate system.
- Understand why the world's fixed exchange rate regime collapsed in the 1970s.
- Understand the arguments for and against fixed and floating exchange systems.
- Be familiar with the role played by the International Monetary Fund and World Bank in the global monetary system.
- Understand the implications of the global monetary system for currency management and business strategy.
|
|
|