11
International Monetary and Financial System
LEARNING OBJECTIVES
After going through this chapter, you should be able to:
- Identify the characteristics of the international monetary system
- Identify the forces that determine exchange rates
- Outline the history of the Bretton Woods Agreement
- Explain the functioning of the foreign exchange market
- Discuss the structure and functions of the international capital market
- Explain the implications of the evolution and functioning of the international monetary system for international business
MILA: Unification of the Latin American Stock Exchanges
MILA, the Integrated Latin American Market combining the stock exchanges of Lima, Peru (the BVL); Colombia (the BVC); and Santiago, Chile (the BCS), ...
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