尉计酒价質多本孝 195 UNVERSITY OF INTERNATONAL BUS NESS AND ECONOMCS Chapter 19 Bretton Woods and the Gold Exchange Standard CASIO
Chapter 19 Chapter 19 Bretton Bretton Woods and the Gold Woods and the Gold Exchange Standard Exchange Standard
I.教学目的 By the end of the chapter,students should be able to know about >the significance of holding a conference at Bretton Woods >the functions of the International Monetary Fund >debits and credits in international transaction 约重价生54
I. 教学目的 By the end of the chapter, students should be able to know about ¾ the significance of holding a conference at Bretton Woods ¾ the functions of the International Monetary Fund ¾ debits and credits in international transaction
I.教学目的 >the role of US dollar at the Bretton Woods the comprising items under BOP accounts >subaccounts under current capital official reserve account >measures taken to repair a country's BOP deficit 的重价首多4
I. 教学目的 ¾the role of US dollar at the Bretton Woods the comprising items under BOP accounts ¾subaccounts under current / capital / official reserve account ¾measures taken to repair a country’s BOP deficit
Ⅱ.教学计划 This chapter will cover 3 hours.2 hours for the introduction of background information and explanations of terms and the texts,and the other 1 hours for discussion and practice. 数更价首5大考
II. 教学计划 This chapter will cover 3 hours. 2 hours for the introduction of background information and explanations of terms and the texts, and the other 1 hours for discussion and practice
Ⅱ，教学方法 Translation:key sentences and terms >Paraphrasing:major words and sentences > Summarizing:important paragraphs Discussion:key issues Questions and answers
III. 教学方法 ¾ Translation: key sentences and terms ¾ Paraphrasing: major words and sentences ¾ Summarizing: important paragraphs ¾ Discussion: key issues ¾ Questions and answers
V.背景知识 During World War II,the countries of the world were much too involved with the hostilities to consider the gold standard or any other monetary system.However,many officials realized some system must be established to operate when peace returned. 数更价首5大4
During World War II, the countries of the world were much too involved with the hostilities to consider the gold standard or any other monetary system. However, many officials realized some system must be established to operate when peace returned. IV. 背景知识
Actually,consideration of it did not await the firing of the last shot.Before that,in 1944,representatives of the major allied powers,with the United States and Britain assuming the dominant roles,met at Bretton Woods,New Hampshire,to plan for the future. 数更价首5大考
Actually, consideration of it did not await the firing of the last shot. Before that, in 1944, representatives of the major allied powers, with the United States and Britain assuming the dominant roles, met at Bretton Woods, New Hampshire, to plan for the future
Bretton Woods-------A conference held at Bretton Woods,New Hampshire,in 1944,which designed the structure of the international monetary system after the second world war and set up the IMF and the world bank.It was agreed that the exchange rates of IMF members would be pegged to the dollar, with a maximum variation of 1%either side of the agreed rate.Rates could be adjusted more sharply only if a country's balance of payments was in fundamental disequilibrium. 数更价首5大考
Bretton Woods------- A conference held at Bretton Woods, New Hampshire, in 1944, which designed the structure of the international monetary system after the second world war and set up the IMF and the world bank. It was agreed that the exchange rates of IMF members would be pegged to the dollar, with a maximum variation of 1% either side of the agreed rate. Rates could be adjusted more sharply only if a country's balance of payments was in fundamental disequilibrium
In August 1971 economic troubles and the cost of financing the Vietnam war led the American president, Richard Nixon,to devalue the dollar.This shattered confidence in the fixed exchange rate system and by 1973,all of the main currencies were floating freely,at rates set mostly by market forces rather than government fiat. 数更价首5大考
In August 1971 economic troubles and the cost of financing the Vietnam war led the American president, Richard Nixon, to devalue the dollar. This shattered confidence in the fixed exchange rate system and by 1973 ， all of the main currencies were floating freely, at rates set mostly by market forces rather than government fiat
V.重点讲解 1.概念讲解 market measure市场调节 Non-market measure非市场调节 double-entry accounting复式计账法 current account经常账户 unilateral transfers单方面转移
V.重点讲解 1.概念讲解 market measure 市场调节 Non-market measure 非市场调节 double-entry accounting 复式计账法 current account 经常账户 unilateral transfers 单方面转移