Where is the foreign exchange market

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A) Where is the foreign exchange market? In other words, what do we mean when we say the exchange rates are determined in the foreign exchange market? Explain.

B) It is believed that The Gold Standard System was a very stable system. Some economists believe that the international monetary system should return to the Gold Standard System. What would be the positive and negative aspects of establishing a gold standard system?

Reference no: EM131055113

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