International busine ...

Describe the historical development of the modern global monetary system.

Explain the role played by the World Bank and the IMF in the international monetary system.

Compare and contrast the differences between a fixed and a floating exchange rate system.

Identify exchange rate regimes used in the world today and why countries adopt different exchange rate regimes.

Understand the debate surrounding the role of the IMF in the management of financial crises.

Explain the implications of the global monetary system for management practice.