International Business Study Set 5
Quiz 11: The International Monetary System
What Is Gold Standard? What Was the Major Advantage of the System
What is gold standard? What was the major advantage of the system?
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With the help of an example,explain how balance-of-trade equilibrium is maintained under the gold standard.
What is the Bretton Woods agreement? How was it different from the gold standard?
Identify the multinational institutions that were established at the Bretton Woods agreement.What were their roles in the international monetary system?
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