Why did the gold standard collapse

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Assignment:

Book: International Business: Competing in the Global Marketplace: 2025 Release by Charles W. L. Hill

Complete Critical Thinking and Discussion Questions 1-3, pg 345 (Chapter 11).

Critical thinking is required in answering each question. Critical thinking refers to (a) providing an answer and (b) providing a rationale for the answer.

Typing in the first person (using I, me, us, our, you, we, etc.)

Critical Thinking and Discussion Questions

1. Why did the gold standard collapse? Is there a case for returning to some type of gold standard? What is it?

2. What opportunities might current IMF lending policies to developing nations create for international businesses? What threats might they create?

3. Do you think the standard IMF policy prescriptions of tight monetary policy and reduced government spending are always appropriate for developing nations experiencing a currency crisis? How might the IMF change its approach? What would the implications be for international businesses?

Reference no: EM133920036

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