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International Monetary System Global Balance - Coggle Diagram
International Monetary System
Global Balance
The Monetary regime is based on the principle of full circulation of international currencies in the country and their free transferability in the country.
Characteristics
Portable
Divisible
Must be durable enough to withstand handling
The value must be relatively stable
Gather great value in the small volume
objectives
Common Frame
Convertibility
Ensures the convertibility of currencies through an international exchange system, where the exchange rate is the relative price of the currencies
Providing a system of widely accepted rules and norms so that countries can freely understand and exchange trade and financial flows
Consists
Liquidez
concept
Provides and ensures sufficient liquidity so that flows between countries are not artificially restricted
Worldwide payment methods
Concept
Create and develop internationally accepted payment methods
Adjustment
1 more item...
concept
provides and ensures sufficient liquidity so that flows between countries are not artificially restricted