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Chapter7InternationalMonetarySystemArrangementCategoriesTypesofInternationalmonetarysystemTheGoldStandard(1)TheGoldStandard(2)MeritsofInternationalGoldStandardThePrice-Specie-FlowMechanism(1)ThePrice-Specie-FlowMechanism(2)DrawbacksofGoldStandardRulesoftheGame(1)RulesoftheGame(2)EvolutionofInternationalGoldStandardCollapseofGoldStandard-1CollapseofGoldStandard-2TheBrettonWoodsSystem-ITheBrettonWoodsSystem-IICommonGroundsbetweenWhiteandKeynesWhatistheBrettonWoodsSystem?(1)WhatistheBrettonWoodsSystem?(2)MainContentoftheBrettonWoodsSystemMoreaboutBrettonWoodsSystem:1MoreaboutBrettonWoodsSystem:2MoreaboutBrettonWoodsSystem:3DrawbacksofBrettonWoodsSystemBreakdownofBrettonWoodsSystemU.S.macro-data1964-1972InflationrateU.S.macro-data1964-1972CurrentaccountsurplusU.S.macro-data1964-1972MoneysupplygrowthrateSpecialDrawingRights1SpecialDrawingRights2SpecialDrawingRights3ValuationofSDRsLimitationofSDRsStatusQuoofInternationalMonetarySystem1StatusQuoofInternationalMonetarySystem2StatusQuoofInternationalMonetarySystem3StatusQuoofInternationalMonetarySystem4StatusQuoofInternationalMonetarySystem4ReformofInternationalMonetarySystemProspectofInternationalMonetarySystem-1ProspectofInternationalMonetarySystem-2ProspectofInternationalMonetarySystem-3TargetZone(band)WhichExchangeRateSystemisbetter?EuropeanMonetarySystem1EuropeanMonetarySystem2GermanyDominance:InflationconvergencewithintheEMS/Country’sannualinflationlessGermany’sannualinflationEuropeanMonetarySystem3EuropeanMonetarySystem4EuropeanCurrencyUnit:ECUExchangeMechanismofEMSEuropeanMonetaryFund-EMFDelor’sReportMaastrichtTreatyEuropeanMonetaryUnionThreeMainMotivesBirthofEuro-dollarPresentStatusofEuro-dollarProblemsremainunsettled