Briefly describe the international monetary systems implemented under the Bretton Woods, Smithsonian, and Jamaica Agreements

GEB3375 Lesson04 – DiscussionRead Chapter 4 and watch the lecturevideo to prepare for this discussion. Briefly describe the internationalmonetary systems implemented under the Bretton Woods, Smithsonian, and JamaicaAgreements. Also, how can the Big Mac Index be used to make PPPcomparisons between countries? Using such comparisons, what can be learnedabout the future possible direction of exchange rates between countries?