Definitions for "International Monetary System" Add To Word List
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A set of arrangements and institutions for governing the financial relations among countries.
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The global network of governmental and commercial institutions within which currency exchange rates are determined.
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a network of international commercial and government institutions that determine currency exchange rates
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refers to the Bretton Woods system of fixed exchange rates. Under this system, each central bank tried to keep the value of its currency within a narrow band around its US dollar exchange rate. This system fell apart in the early 1970s.
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International Organization for Standardization International Petroleum Exchange
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