Currency Regimes – Independently Floating Rates：euroalthough subject to relatively infrequent intervention.

Currency Regimes– Managed Float：foreign exchange markets as a whole.

Currency Regimes – Fixed Parity with Crawling Bands：parity.

The Ideal Currency Regime：First,Second,ThirdThere can be no ideal currency regime.

Currency Regimes– Fixed Parity and Target Zone：Currency Regimes– Fixed:Parity and Target Zone;to ±2 percent around the parity. Thus greater scope for discretionarypolicy.

Natural Monopoly in a Regulated Pricing Environment：monopoly equilibrium and the competitive equilibrium.

Historical Perspective on Currency Regimes：is called the price-specie-flow,mechanism.,a“JapanInitiallycountry lost the ability to manage its exchange rate and therefore to engage in independent monetary policy.

Currency Regimes - Dollarization and Monetary Union：union,EcuadorPanamamonetary union alone cannot confer credit-worthiness.

Currency Regimes - Currency Board System：Currency,is a monetary regime based on an explicit legislative commitment to exchange domestic currency for a specified foreign currency at a fixed exchange rate:cover

What are the responsibilities of the members in reference to the CFA Institute?：Once accepted as a member:每年交述职报告和年费but must not over promise the competency and future investment results.Case

What members and candidates should notice in CFA examinations?：or security of the CFA examinations.（不能恶心CFA），考试不能作弊:考试内容要保密:A. No.:Responsibilities as a CFA Institute Member.right④Case

How to understand loyalty, prudence and care in duty to clients?：The client or prospective client permits disclosure of the information.（在法律允许或客户同意的情况下可以披露）,members and candidates must comply with the law.（在某些情况下法律要求。