In this module we will look at the Global Monetary System. We will focus on Exchange Rates and the role of the IMF in global currency markets.


After you complete the required assignments you will be able to:

  • Explain the evolution of exchange rates, from the gold standard to the float
  • Describe the role of the IMF and World Bank in the IMS
  • Evaluate the policies of the IMF in the post Bretton-Woods Era