Financial Markets and Institutions (2-downloads)

www.ny.frb

.org/pihome/addpub/usfxm/

. Review the table of

contents and open Chapter 10, “Evolution of the

International Monetary System.” Read this chapter and

write a one-page summary that discusses why each

monetary standard was dropped in favor of the suc-

ceeding one.

2. The International Monetary Fund stands ready to help

nations facing monetary crises. Go to 

www.imf.org

.

Click on the tab labeled “About the IMF.” What is the

stated purpose of the IMF? How many nations partic-

ipate, and when was it established?

W E B   A P P E N D I C E S

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