What is an international monetary system?
What is the difference between spot and forward exchange rates?
What is the difference between floating- and fixed-exchange rates?
Differentiate between devaluation/revaluation of a currency and
depreciation/appreciation of a currency.
What is meant by a soft or weak currency? A hard or strong currency?
What are the two broad categories of the various currency regimes?
What are the subgroups of these two broad categories?
