Explore BrainMass

international political economics theory

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

With international political economics theory as a central part, I need to identify problems with organizing the international currency system. Please in detail.

© BrainMass Inc. brainmass.com October 24, 2018, 5:56 pm ad1c9bdddf

Solution Preview

RESPONSE: An international currency system raises numerous questions and concerns. Creating an international currency system requires planning and anticipation of future contingencies.

First, like any organization, an international currency system must have some type of governance structure. Who decides what policies will be followed? Will the international currency be controlled by a committee of member countries, all member countries, or a single country? Does majority rule dictate policy or will a super-majority rule (for example, 67% need to approve)? How will minority rights be protected? Overall, the decision-making structure of the international currency system is essential to understand the types of problems that could emerge.

Second, membership questions must be addressed. Who can become members to the system- ...

Solution Summary

International political economics theory is utilized.

See Also This Related BrainMass Solution

Globalization: international trade theories, drivers, effects on business

See attached files.

Prepare comprehensive responses to the following questions:

a. What is globalization, and what are some of the traditional international trade theories that support the concept of globalization?

b. List the major drivers of globalization and give three examples of each.

c. Explain at least four effects of globalization that impact your community and your organization.

For best results, read the attached materials before answering these questions.

Use APA format (cover sheet, citations, reference page). In-text citations are necessary in APA papers. Spell and grammar check please.

View Full Posting Details