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1) Explain what the world bank and the IMF are and the goals ofboth?2) What are a fixed exchange rate and a floating exchangerate?3) If the US Federal Reserve Bank increases the money supply,what happens to the value of the US dollar and the exchangerate?4) If the US government increases the deflect and the FederalDebt, what happens to the value of the US dollar?5) When did the US go off of the Gold Standard?6) Explain the Trilemma.7) Assume that there is a fixed exchange rate is overvalued,what can the central bank do to defend the currency?8) What is the difference between a spot and forward exchangerate?9) What is the current value of the euro and yen exchangerate?10) If the Euro depreciates relative to the dollar, are Americangoods more or less expensive? Why?