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Summary OBS 359: Unit 5 (Chapter 8)

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2022/2023 Written for academic year
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University Of Pretoria (UP)
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International Business Management (OBS359)
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This is Unit 5, which is also Chapter 8. I have made notes for semester test one and I made very visual summaries of the notes for semester test 2. Although they look very summarised, I have used past papers, lecture slides, lecture notes, the textbook and online notes to create these aesthetic notes that have everything you need to study!

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Floating Exchange
System Gold Standard Bretton Woods System
Rates
Simple, widely
Flexible, responsive to
trusted, mandated Fixed rate, good for trade
Pros market forces, good for
monetary growth
huge volume
discipline
Led to US balance of payment
Impractical with deficit, led to US government
Causes widely swinging
Cons large trade flows, liabilities to foreign central
currency values
costly to hold banks, reduced US gold
reserves
Controlling Government adjusted rates
Price-specie-flow Market forces with some
Mechanis against dollar, dollar constant
mechanism government intervention
m against gold

,

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  • obs 359
  • unit 5
  • chapter 8
  • visual
  • st1
  • semester test 2
  • international business management
  • summary
  • notes
  • exam

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