Question: Questions: 1- Differentiate the various exchange rate systems: floating (including dirty/managed), fixed, pegged, currency board, dollarization, euroization. Evolution of the global monetary system: the gold

Questions:

1- Differentiate the various exchange rate systems: floating (including dirty/managed), fixed, pegged, currency board, dollarization, euroization. Evolution of the global monetary system: the gold standard, the gold exchange standard (Bretton Woods system), the collapsed of the Bretton Woods system?

2-Compare advantages/disadvantages fixed vs. floating exchange rates. Define the IMF (organization, functions, special drawing rights)?

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