International monetary system
International monetary system is the framework within which exchange rates are determined. It is the blueprint for international trade and capital flows
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- International monetary system. The framework within which exchange rates are determined. It is the blueprint for international trade and capital flows
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
