Project #106481 - discussions 5

The Gold standard was an international monetary system in which nations linked the value of their paper currencies to a specific value of gold. The gold standard operated from the early 1700s until 1939.

  •  Explain how the gold standard functioned and describe its evolution and collapse

 

Argentina's 2001/2002 default on roughly $100 billion of debt has been a
dispute with creditors as well as left the country starved of foreign
capital and fueled by inflation. Recently, Argentina has reached an
agreement with the creditor nations (a debt deal) that has the potential to
help ease re-entry into international markets.

Respond to the following:

  • What are the implications to Latin America?
  • Could this foreign investment prompt a rival in the Latin American economy? Provide your rationale based on the readings and research and link the theory and concepts back to your response.
  • As a global investor/manager, what are your recommendations and what do you see as the impact to global organizations?

Subject Business
Due By (Pacific Time) 02/02/2016 12:00 am
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