BUSI 303 Discussion 3

Liberty BUSI 303 Discussion 3 Answers

In Weeks 1, 3, 5, & 7  – To begin your thread for a particular module, open the Key Terms document posted within each module, and select one of the key terms that interests you.

Declare your topic to the class by posting a new thread in the related DB forum and titling it with the key term you selected. This reserves your topic so that other students cannot use it.  Each student must cover a different key term; no duplication of articles or key terms is allowed.

Chapter 5

  • Global financial markets
  • Monetary systems
  • Foreign Exchange (FX) Market
  • Bretton Woods Agreement
  • Gold Standard
  • Over-the-counter (OTC) market place
  • Exchange rate
  • International Monetary Fund (IMF)
  • World Bank
  • Purchasing power parity (PPP)
  • Law of one price
  • Interbank markets
  • Securities exchanges
  • Economic and Monetary Union (EMU)
  • Smoot-Hawley Tariff Act

Chapter 6

  • Regional Economic Integration
  • Tariff barriers
  • Non-tariff barriers
  • Trading blocs
  • Free trade area
  • Customs union
  • Common Market
  • Economic Union
  • North American Free Trade Agreement (NAFTA)
  • Southern Common Market (Mercosur)
  • Andean Common Market (ANCOM)
  • Caribbean Community and Common Market (CARICOM)
  • Central American Common Market (CACM)
  • European Union (EU)
  • Association of Southeast Asian Nations (ASEAN)
  • Asia Pacific Economic Cooperation (APEC)
  • South Asian Association for Regional Cooperation (SAARC)
  • Organization of Arab Petroleum Exporting Countries (OAPEC)
  • Gulf Co-operation Council (GCC)
  • Economic Community of West African Nations (ECOWAS)
  • South African Customs Union (SACU)
  • Organization of the Petroleum Exporting Countries (OPEC)
  • Organization for Economic Co-operation and Development (OEDC)
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