Why did the gold standard collapse? Is there a case for returning to some
type of gold standard? What is it?
. What opportunities might current IMF lending policies to developing
nations create for international businesses? What threats might they
create?
. Do you think the standard IMF policy prescriptions of tight monetary
policy and reduced government spending are always appropriate for
developing nations experiencing a currency crisis?
How might the IMF
change its approach? What would the implications be for international
businesses?
