International Monetary System

Write a paper about the International Monetary System that addresses each of the following issues:
Define the International Monetary System and outline the history of the system.
Describe and provide examples of what is meant by “currency regimes,” and define selected types of regimes and form an argument for selecting fixed exchange rate and arguments for selecting flexible exchange rates.
Describe and define the creation of the Euro and discuss the benefits as well as the problems associated with the creation of this currency.