chapter1thepaymentsystem(已修改)
2025-01-06 08:32 本頁(yè)面
【正文】 Chapter 1 The Payment System Introduction This chapter provides an overview of the functions of the financial system and explains the operations of the payment system . This system is changing rapidly in many respects ,even though its basic features —— the use of the money to settle transactions _remains in place. Study objectives From your study of this chapter you should be able to: Describe the 3 principal functions performed by a financial system Describe, in broad outline,Australia’s financial system Describe the main forms of money and payment instructions Describe the operation of the check payment system Explain settlement and contagion risk Explain five important financial principals Part 1 Overview of the financial system This chapter begin with an overview of the financial system,describe its functions ,its place within the economy and its structure. of the financial system The financial system is that part of the economy that provides services and products . Here it is divided into 3parts the payment system The financing system The financial market risk management system. 2. The work of the financial system A. The role of an economy’s financial system is to serve the financial needs of consumers and producers and to allocate financial services between these peting needs. In essence ,the j
環(huán)評(píng)公示相關(guān)推薦
鄂ICP備17016276號(hào)-1