In 250 - 300 words, evaluate the role of the international monetary system in promoting international trade and investments.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter18: Globalization
Section: Chapter Questions
Problem 15E
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“A well-functioning international monetary system is a public good that is essential for economic and financial stability. The IMS has helped support unprecedented economic growth and trade expansion over the past few decades.” (Furusawa, 2019).

In 250 - 300 words, evaluate the role of the international monetary system in promoting international trade and investments.

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