International Business Module 3 Homework 4

Homework is to be completed and submitted using the dropbox. Please make sure that all homework assignments are completed and uploaded prior to the deadline. Do not enter the response for the homework in the “Comments” section. Answer the following essay question(s) in sufficient detail.

  1. What is the function of the international monetary system?
  2. How are prices established in the foreign-exchange market?
  3. What were the key accomplishments of the Bretton Woods conference?
  4. Why was the IFC established by the World Bank?
  5. Why are quotas important to IMF members?

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