International Business 15th Edition by Daniels

International Business 15th Edition by Daniels is a comprehensive textbook that delves into the intricacies of the global economic landscape. Covering topics such as the International Monetary Fund, world capital markets, and global financial crises, this textbook provides students with a thorough understanding of international business operations and strategies.

ISBN-10:9780133457230 · ISBN-13:978-0133457230

Chapter 9 The Dedication of Alternate Fees

Unlock the complexities of the International Monetary Fund and its role in promoting exchange rate stability with International Business 15th Edition by Daniels. This chapter delves into the Bretton Woods Agreement, fixed exchange rates, IMF membership requirements, and the Special Drawing Rights (SDR) system.

FAQs

What is the primary aim of the International Monetary Fund?

The primary aim of the International Monetary Fund is to promote exchange rate stability and facilitate cooperation in the international monetary system.

What is the significance of the Bretton Woods Agreement?

The Bretton Woods Agreement established a system of fixed exchange rates, with each IMF member country setting a par value for its currency.

What is a quota in the context of IMF membership?

A quota is a sum of money that a country must contribute to join the IMF and participate in its financial programs.

How does the IMF intervene in global financial crises?

The IMF plays a crucial role in providing financial assistance to countries in need, as seen in its involvement during the Greek financial crisis of 2010-2011.

Conclusion

International Business 15th Edition by Daniels is an essential resource for students and professionals looking to deepen their understanding of the global economy. With in-depth analyses of international financial institutions and market dynamics, this textbook equips readers with the knowledge to navigate the complexities of the international business landscape.