1- Prior to beginning work on this discussion forum, read Chapters 9 through 11 in the course textbook and answer the questions found at the end of the case in Chapter 9, Going Down to the Wire in the Money-Transfer Market. Support your answer with at least one credible, recent source in addition to the course textbook. Your initial response should be 200 to 300 words.
Case: Going Down to the Wire in the Money-Transfer Market
Question 9-1: The United [Arab] Emirates, of which Dubai is a member, is one of the Gulf Cooperation Council members. How does it compare with the other GCC countries in terms of total population and the non-immigrant population as a percentage of total population? How important do you think migration and therefore capital remittances are for each of the countries in the GCC? (Daniels, Radebaugh, & Sullivan, 2018, Chapter 9).
2- Prior to beginning work on this discussion forum, read Chapters 9 through 11 in the course textbook and review the web pages, How We Do It (Links to an external site.) and Videos (Links to an external site.).
Provide a brief summary of the IMF, including its purpose, Special Drawing Rights (SDR), and the Jamaica agreement as well as any other pertinent information. Go to the IMF’s web page, How We Do It (Links to an external site.).
Watch at least one video from the IMF video page (https://www.imf.org/external/mmedia/index.aspx (Links to an external site.)) and review at least one “popular data latest update” report from https://www.imf.org/en/data. (Links to an external site.)Report back to the class on what information you gathered from these two IMF sources. According to the information you reviewed on the IMF pages, what is your view on the current global monetary state? Support your answer with at least one credible, recent source in addition to the course textbook. Your initial response should be 200 to 300 words.
