TAILIEUCHUNG - Lecture International finance: An analytical approach (3/e): Chapter 5 - Imad A. Moosa

Chapter 5 - The international monetary system and exchange rate arrangements. In this chapter, the learning objectives are: To classify international monetary systems, to outline the history of exchange rate arrangements, to outline the pros and cons of fixed and flexible exchange rates, to examine the Australian exchange rate arrangements. | Lecture International finance An analytical approach 3 e Chapter 5 - Imad A. Moosa Chapter 5 The International Monetary System and Exchange Rate Arrangements Objectives To classify international monetary systems To outline the history of exchange rate arrangements To outline the pros and cons of fixed and flexible exchange rates To examine the Australian exchange rate arrangements Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 5-2 Definition The IMS is the framework of rules regulations and conventions that govern the financial relations among countries Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 5-3 Components of the IMS A public component consisting of a series of agreements A private component represented by the banking and finance industry Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 5-4 Classification according to reserve assets Pure commodity standards . the gold standard Pure fiat standards Mixed standards . the Bretton Woods system Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 5-5 Classification according to flexibility of exchange rates Several systems may arise by restricting or otherwise the exchange rate Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 5-6 Fixed exchange rates The exchange rate is fixed by the central bank and is not allowed to move The FX market is likely to be out of equilibrium Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf .

TAILIEUCHUNG - Chia sẻ tài liệu không giới hạn
Địa chỉ : 444 Hoang Hoa Tham, Hanoi, Viet Nam
Website : tailieuchung.com
Email : tailieuchung20@gmail.com
Tailieuchung.com là thư viện tài liệu trực tuyến, nơi chia sẽ trao đổi hàng triệu tài liệu như luận văn đồ án, sách, giáo trình, đề thi.
Chúng tôi không chịu trách nhiệm liên quan đến các vấn đề bản quyền nội dung tài liệu được thành viên tự nguyện đăng tải lên, nếu phát hiện thấy tài liệu xấu hoặc tài liệu có bản quyền xin hãy email cho chúng tôi.
Đã phát hiện trình chặn quảng cáo AdBlock
Trang web này phụ thuộc vào doanh thu từ số lần hiển thị quảng cáo để tồn tại. Vui lòng tắt trình chặn quảng cáo của bạn hoặc tạm dừng tính năng chặn quảng cáo cho trang web này.