How does international banking differ from domestic banking?

Use the Japan currency and describe its value relative to the Canadian dollar. Is it under or over-valued compared to the CAD? What problems or benefits do you think this relationship might cause for that country? Why? What problems or benefits do you think this relationship might cause for the Canada?

I got confused with this one and thought the transaction would not be recorded in the balance of payment because it doesnt say that the new jersey company is owned by a foreign resident. Since both New York and New Jersey are within the same country, the transaction would not involve any international trade or financial flows that affect the balance of payments of the United States. Thats what I thought but I am not sure

What are some of the main reasons not all countries in the EU have adopted the Euro?

Between 1879 and 1914, the world's major nations adhered to the gold standard. Under the gold standard, a country maintained a fixed relationship between its stock of gold and its money supply. Suppose that Germany defined a German mark as 30 grains of gold, and the United States defined $1 as 60 grains of gold. Under the gold standard, a German mark would have been worth U.S. dollars.

Short history of the international monetary system:

How does the federal reserve regulate the flow and creation of U.S currency?

What is a turnover tax and what purpose did it serve in the Soviet economy?

Which one is correct? UK currency is a commercial bank liability UK currency is a central bank asset UK currency is a Bank of England liability

Can you think of a way that Chinese monetary policy might impact some other part of the world economy?