2)The international monetary system is the framework within which countries borrow,lend. buy,sell and make payments across political borders.So far the world has gone through the following types of monetary system: a)the gold standard b)the gold exchange standard c)flexible exchange rate system d)managed float 数更价首5大考2) The international monetary system is the framework within which countries borrow, lend, buy, sell and make payments across political borders. So far the world has gone through the following types of monetary system: a) the gold standard b) the gold exchange standard c) flexible exchange rate system d) managed float