Reference no: EM133492707
Question 1: Describe the "rules of the game" under the Gold Standard. Why did the Gold Standard breakdown?
Question 2: After 1944, what postwar international monetary system was established? What were the two new institutions and their purpose under this system?
Question 3: What are the IMF's exchange rate regime classifications? Briefly describe each.
Question 4: What are the attributes of the "ideal" currency? Explain why it is also termed "impossible trinity."
Question 5: What is a currency board? How did the eight countries utilize currency boards to fix their exchange rates?
Question 6: Why did Argentina's experience with dollarization a failure while Panama's a success?
Question 7: What were the convergence criteria for the creation of EMU?
Question 8: Give a brief evolution of the Euro since its birth in 1999. While achieving monetary union was a success, can we say the same for forming a fiscal union? (for this question, you may want to use the internet).