You did a good job discussing the gold standard and narrating positive and negative aspects of using a gold standard. However, in your analysis of the foreign exchange markets, you did not discuss the International Monetary Fund, Explain the purpose of the World Bank and its International Finance Corporation nor did you Identify the world's major foreign currency exchange (Fx) markets of the world ( - 20 points).

GRADE: 80/100

Foreign Exchange Markets Summary

Your name

Axia College University of Phoenix

Abstract

Gold has been found and extracted on all continents. Throughout history gold has been a symbol of value, a method of payment, and a means of ostentation. Although not currently used by any government, the gold standard established a form of monetary equalization,...