the speech about the Internetional Monetary and Balance of Payments Hello every one today I'm very great to have this chance to make the speech here.Today I'm goingto talk about the Internetional Monetary System and Balance of Payments. So in first let's look at waht is the International Monetry Systerm.The International Monetary System, is refers to the rules and institutions dominate national currency relationship, and do all kinds of International trade, payment is based on a set of arrangements and practices .It includes the contents of the three main .Firstly is the principle of international payments ,secondly is the balance of payments adjustment way ，and the thirdly is the international monetary or determination of reserve assets .The International Monetry Systerm's goal is to safeguard national trade, the stable and orderly development of the world economy, the resources are effectively development and utilization from country to country.And the functiong is to set up the mechanism of exchange rate, prevent the circulation of malignant depreciation; For the regulation of the international balance of payments imbalance provide favorable measures and solutions; Promote national economic policy coordination . Next let's talk about the BOP.The BOP refers to an economy during a given period (usually refers to a country or region) and the rest of the world economy between the sum of the monetary value of all economic activities. It has narrow and broad two levels of meaning. Narrow sense of balance of payments refers to a country or region in a certain period of time, because of the economic, cultural and other foreign economic exchanges of, must immediately settlement of foreign exchange income and expenditure. General balance of payments refers to a country or region between residents and non-residents of the sum of the monetary value of all economic activity. From what has been discussed above, we can know the international monetary system and the international balance of payments through the countries on the international economic regulation and control to promote the smooth development of the national and global economy. that's all thankyou.