Slide 1Multinational Business Finance Slide 2 The Gold Standard (1876 – 1913) Gold has been a medium of exchange since 3000 BC each country set the rate at which its currency…

ECO 410 Week 3 Quiz â Strayer Click on the Link Below to Purchase A+ Graded Course Material http://hwgala.com/ECO-410-Week-3-Quiz-Strayer-370.htm Chapter 3 The International…

Copyright © 2007 Pearson Addison-Wesley. All rights reserved. 1-* Currency Terminology Foreign Currency Exchange Rate – the price of one country’s currency in units…

Slide 1Copyright © 2009 Pearson Prentice Hall. All rights reserved. Chapter 3 The International Monetary System Slide 2 Copyright © 2009 Pearson Prentice Hall. All rights…

Slide 1 Chapter 2 The International Monetary System Slide 2 Copyright © 2004 Pearson Addison-Wesley. All rights reserved. 2-2 The International Monetary System The increased…

Slide 1 1 Wendy Jeffus Harvard Summer School International Business Slide 2 2 Remember Handout Globalization Debate Slide 3 3 Introduction Participation Ranking… Discuss…

Slide 1 LEGAL TENDER Money created by a govt. that must (by law) be accepted as payment of debt Legal tender - $100 bill Not legal tender - $100 check (issued by bank and…

History of the International Monetary System The Gold Standard (1876 â 1913) Gold has been a medium of exchange since 3000 BC âRules of the gameâ were simple, each country…

International Finance * Why is International Finance Important? * Why is International Finance Important? Companies (and individuals) can raise funds, invest money, buy inputs,…

3-* The International Monetary System 3-* History of the International Monetary System The Gold Standard, 1876-1913 Countries set par value for their currency in terms of…