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International Business: The New Realities, 5th Edition
book

International Business: The New Realities, 5th Edition

by S. Tamer Cavusgil, Gary Knight, John R. Riesenberger
January 2019
Intermediate to advanced content levelIntermediate to advanced
576 pages
33h 19m
English
Pearson
Content preview from International Business: The New Realities, 5th Edition

Chapter 9 The International Monetary and Financial Environment

A large sculpture of the Euro symbol.

Source: jakobradlgruber/123RF

Learning Objectives

After studying this chapter, you should be able to:

  1. 9.1 Learn about exchange rates and currencies in international business.

  2. 9.2 Explain how exchange rates are determined.

  3. 9.3 Understand the emergence of the modern exchange rate system.

  4. 9.4 Describe the monetary and financial systems.

  5. 9.5 Identify the key players in the monetary and financial systems.

  6. 9.6 Understand the global debt crisis.

The European Union and the Euro

The European Union (EU) was established in 1993. In 2017, it had 28 member countries. The EU created the ...

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Publisher Resources

ISBN: 9780136763017