A "good" (or ideal)international monetary system should provide:
A)liquidity, elasticity, and flexibility
B)elasticity, sensitivity, and reliability
C)liquidity, adjustments, and confidence
D)none of these

Question

Quizplus · Accepted Answer

A good international monetary system should provide liquidity, which refers to the ability to easily convert one currency into another; adjustments, which refers to the ability of the system to respond and adapt to changing economic conditions; and confidence, which refers to a trust in the stability and predictability of the system. Elasticity and sensitivity are important aspects, but they are included in the broader concept of adjustments. Reliability is also important, but it is encompassed by the idea of confidence. Thus, option C is the most comprehensive and accurate choice.

A "Good" (Or Ideal)international Monetary System Should Provide