The International Flow of Funds and Exchange Rates
This video presentation will explain the balance of payments for a country and describe the foreign exchange market and its components. The lecture is locked by the professor, but this is what the short video is about.
Lesson 04 – Discussion
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Read Chapter 4 and watch the lecture video to prepare for this discussion. Briefly describe the international monetary systems implemented under the Bretton Woods, Smithsonian, and Jamaica Agreements. Also, how can the Big Mac Index be used to make PPP comparisons between countries? Using such comparisons, what can be learned about the future possible direction of exchange rates between countries?
I did upload the textbook for Chapter 4 if you want to skim it. Please reference this textbook. Thank you