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Report of International Transportation of Currency or Monetary Instruments Form

Report of International Transportation of Currency or Monetary Instruments Form

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[Music] the international monetary system or IMS allows countries and companies to do business across borders but with more money moving around faster than ever before these crucial links are becoming strained we have Global Financial markets but no effective way of managing them the US dollar and US institutions dominated these Financial links for the world but in the last decade Europe created a new international currency and fast growing markets including Brazil India and China have transformed the world economy so much that the existing system has reached a Breaking Point it clearly needs a change but how the most popular view is that the world is moving towards a multi-polar system based on the euro dollar and Yuan but all three face significant problems at home the Euro zone is strained by weakened institutions high debt and a poor growth Outlook the United States has even higher debt levels a large TR TR deficit and a divided political landscape China needs to keep opening up an

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