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98) Differentiate between a floating exchange rate and a pegged exchange rate.
99) Describe the gold standard and a balance-of-trade equilibrium.
100) Explain the two institutions established by the Bretton Woods agreement.
101) Describe the Jamaica agreement of 1976. What were the main elements of this agreement?
102) The rise in the value of the dollar between 1980 and 1985 occurred when the United States
was running a large and growing trade deficit. Explain the factors that led to this rise.
103) In terms of monetary policy autonomy, how does a floating exchange rate system differ from
a fixed system?
104) Discuss how uncertainty provides an argument for a fixed exchange rate system.
105) Briefly describe the pegged exchange rate regime.
106) Explain when a currency board would be put in place.
107) Compare and contrast a currency crisis and a banking crisis.
108) Explain why all International Monetary Fund loan packages come with conditions attached.
109) Elaborate on the main criticisms of the International Monetary Fund's approach to financial
crises.
110) Discuss some of the changes that have occurred in the International Monetary Fund in recent
years.
111) How has the volatility of the current global exchange rate regime affected international
businesses? How can the problem be tackled?
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