Discussion: IMF and the World Bank Chapter 11 explained the workings of the inte

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Discussion: IMF and the World Bank Chapter 11 explained the workings of the international monetary system and pointed out its implications for international business. This discussion board will address one of our learning objectives from Chapter 11 which is: 1) LO11-3: Compare and contrast the differences between a fixed and a floating exchange rate system. The Initial Post will consist of the following: Click on the link and view the video on Floating and Fixed Exchange Rates ( https://www.youtube.com/watch?v=rY5L2Cpf6Oc). After viewing the video and completing the Chapter 11 textbook/ebook reading, answer the following questions. 1) Debate the relative merits of fixed and floating exchange rate regimes. 2) From the perspective of an international business, what are the most important criteria for choosing between the systems? 3) Which system is more desirable for an international business? You Must: – Completely answer the questions. – Your initial post should be detailed and supported by at least one source. – Cite and list your sources at the bottom of the post in APA-style format.

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