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INTERNATIONAL

MONETARY
SYSTEM

MA. ELEANOR T. FERNANDEZ


INTERNATIONAL MONETARY SYSTEM
 It is defined as the institutional framework within which
international payments are made, movements of capital are
accommodated, and exchange rates among currencies are
determined.
 the rules and regulations set by the international monetary
system to regulate and control the exchange value on the
currencies are agreed upon by the respective governments of
the nations. Thus, the government`s stand may affect the
decision making of the international monetary system.
PURPOSE OF INTERNATIONAL MONETARY
SYSTEM
ELEMENTS OF INTERNATIONAL MONETARY
SYSTEM

Exchange International payments


arrangements/ rates and transfers relating to
current international
transactions

International capital
movements International reserves
EVOLUTION OF THE IMS
REFERENCES
https://www.youtube.com/watch?v=L0Onw3_5G7c&t=526s

https://www.youtube.com/watch?v=8mxYE4_-dwk&t=1258s
ACTIVITY # 1
Research work:

1.       Explain the purposes of International Monetary System


2.       Differentiate the elements of International Monetary System
3.       Why did the Gold system collapse?
4.       Why did Bretton woods collapse?
5.       What consists in  Jamaican Agreement, explain?

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