Would introduction of the gold standard be beneficial

Assignment Help Microeconomics
Reference no: EM13936105

Activity Description


As the Signature Assignment, develop a paper in essay format and provide references for support. Research and predict future trends in the international monetary fund by focusing on the future of the global economy. Be sure your paper reflects the following points:

1.Analyze the concept of introducing a World Central Bank within a three-currency monetary union; would this lead to greater stabilization and coordination of Macroeconomic Policies among countries?

2.Analyze whether the establishment of the World Central Bank within a three-currency monetary union would positively affect Macroeconomic Policy within the G-20 set of countries.

3.Analyze whether the establishment of the World Central Bank within a three-currency monetary union would positively affect Macroeconomic Policy within the developing set of smaller countries, none of which have G-20 representation.

4.Should a return to the Gold Standard be incorporated into the above Monetary System? Why or why not?

5.Would introduction of the Gold Standard be beneficial or detrimental to World Trade stability?

6.Analyze whether the establishment of the World Central Bank within a three-currency monetary union, including the re-establishment of the Gold Standard, would be beneficial to continued accomplishment of the IMF (International Monetary Fund) goals.

7.Would the introduction of the World Central Bank within a three-currency monetary union positively or negatively affect the ability of the World Trade Organization to implement the various GATT Agreements in a fair and consistent manner?

8.In conclusion, would the introduction of such a quasi-fixed flexible system likely be beneficial for countries and organizations involved in Global Trade? Support your conclusion.

Support your paper with at least five (5) scholarly resources. In addition to these specified resources, other appropriate scholarly resources may be included.

Length: 10-12 pages not including title and reference pages

Your paper should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to Northcentral University's Academic Integrity Policy.

Reference no: EM13936105

Questions Cloud

Calculate firms profit maximizing price : Suppose the firm decided to charge the (maximum) willingness to pay for each movie ticket? How many tickets would it sell now, and how much profit would it make?
Should you accept the offer or cash the canadian dollars : He is willing to buy your C$200 for 1500 New Pesos. Should you accept the offer or cash the Canadian dollars in at the airport? Explain.
Develop a c# console application that compute pythogorus : Develop a C# console application that computes the hypotenuse of a right triangle
Explain why firms may issue shares in foreign markets : Explain why firms may issue shares in foreign markets. Why might MNCs issue more shares in Europe since the conversion to a single currency in 1999?
Would introduction of the gold standard be beneficial : Would the introduction of the World Central Bank within a three-currency monetary union positively or negatively affect the ability of the World Trade Organization to implement the various GATT Agreements in a fair and consistent manner?
How were capital flows between countries likely to be affect : Given the expectations for a decline in US interest rates and share prices, how were capital flows between the United States and other countries likely to be affected?
Carrying out a big data readiness assessment : The theme of the assignment is the reliability (or unreliability) of Assisted GPS Location Services in smart devices (Smart Phones, Tablets, Smart Cameras, etc.).
Prepare a social media marketing plan for new business : You have been provided with a brief from your client who is looking to establish a new business venture in south-east Queensland. You will be required to prepare a social media marketing plan for this new business.
What are some of the characteristics that you observe : Observe someone with a chronic illness in their natural environment. What are some of the characteristics that you observe? Are they comfortable or in pain

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd