文档介绍：Chapter4 InternationalExchangeSystem第五章国际汇率制度第一节固定汇率制FixedRateSystemTheworldeconomyoperatedunderasystemoffixeddollarexchangeratesbetweentheendofWorldWarIIand1973,,请放心下载Twokindsofthefixedexchangerates金本位制度下的固定汇率制纸币流通制度下的固定汇率制GoldStandard:规定货币单位的含金量。含金量的的对比决定汇率。金币可以自由铸造;自由兑换;自由输出入。精心整理专业资料,请放心下载TheGoldStandardAninternationalgoldstandardavoidstheasymmetryinherentinareservecurrencystandardbyavoidingthe“Nthcurrency”,,请放心下载AdvantageoftheGoldStandardBecausethereareNcurrencyandNpricesofgoldintermsofthosecurrencies,upiesaprivilegedpositionwithinthesystem:eachisresponsibleforpeggingitscurrency’spriceintermsoftheofficialinternationalreserveasset,,请放心下载BenefitsanddrawbacksoftheGoldStandardBenefits:SymmetryPricelevelandvalueofnationalmoneyaremorestableandpredictableEnhanceinternationaltransactions精心整理专业资料,请放心下载Drawbacks:.→-producingcountriespowertoinfluencetheworldeconomy精心整理专业资料,’reservesconsistofgoldandcurrencieswhosepricesintermsofgoldarefixed,,请放心下载FixedExchangeRatesundercurrency-circulationsystem纸币流通下的布雷顿森林体系。1944BrettonWoodsagreement英国向美国妥协的结果“双挂钩”体系。金块美元dollar各国货币日元…里拉…1盎司=35美元1%幅度波动