--%>

Good international monetary system

Explain criteria for the ‘good’ international monetary system.

E

Expert

Verified

Good international monetary system must offer the following: 

a) It should provide adequate liquidity to world economy, 

b) It should offer smooth adjustments to the BOP disequilibrium as soon as it occurs, 

c) Also provide the, safeguard against the confidence crisis within the system.

   Related Questions in Financial Accounting

  • Q : Define Revenue Revenue : The amount

    Revenue: The amount (sum) of money which a company really receives throughout a specific period, comprising discounts and deductions for the returned merchandise. This is the "top line" or "annual income" figure from which costs are subtracted to find

  • Q : Comprehensive Project Please help me in

    Please help me in solving this requirement

  • Q : What is Edge Act banks State what is

    State what is meant by Edge Act banks.

  • Q : Challenges of friendships How is

    How is friendship differing from other relationships? Explain the challenges of friendships. What are the common expectations for friendships – give an illustration of each. Explain how friendships fluctuate ove

  • Q : Cash system and mercantile system what

    what is the difference between cash system of accounting and mercantile system of accounting

  • Q : Type of bond instrument You are an

    You are an investment banker who is advising a Euro bank about the new international bond offer it is considering.  Proceeds are to be used to fund Eurodollar loans to the bank clients.  Specify the type of bond instrument you would recommend that bank shoul

  • Q : Average Profit Method in goodwill

    Average Profit Method: (Goodwill method): The profit earned by an organization throughout previous accounting periods on an average basis is termed as average profit. Goodwill is computed on the basis of average profit due to prospect expectations of

  • Q : Variants of basic interest rate and

    Discuss briefly some of the variants of the basic interest rate and currency swaps.

  • Q : Discuss to what extent does risk and

    to what extent does risk and term structure affects interest rates of financial instruments.

  • Q : Creativity and the Individual What are

    What are the various aspects of Creativity on an individual in the creative industry ?