Discuss the salient features of the current international monetary system what are its major strength nd weakness
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The salient features of the current international monetary system
Explanation:
The purpose of the international medium of exchange (IMS) is to facilitate international economic exchange since most countries have national currencies that aren't usually accepted as legal payment on the far side their borders
It seeks to market economic process and money stability and plays a key role in serving to rotate troubled economies.
Advantage
1 one Provides Loans to Member Nations
2 Fills Deficit Gaps
3 Technical Support and help
Disadvantage
1 an excessive amount of or insufficient Intervention
2 Creates financial loss
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