Bus 450 – Week 1; discussion 1 and 2

Discussion 1:
 In Chapter 2, you were introduced to various aspects of the international monetary system.  In your own words, describe the evolution of the international monetarysystem up to through the flexible exchange rate regime. In your description, discuss the criteria for a “good” international monetary system.  Also, be sure to support your answer by explaining why the stated criteria are necessary 

Discussion 2:
 Go to the following website: http://data.imf.org/regular.aspx?key=61280812 (Links to an external site.)Links to an external site. This website will provide you with the Balance of Payments information for any selected country. Select a country that begins with the first letter of your last name. For your country, report the balance on the current account, and the balance of the capital account. Based on the readings this week, are the accounts balancing? Be sure to reference the text for help in determining your countries balance of payments identity.  

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