1. Do you expect the U.S. dollar to maintain its position as the dominant currency in the foreign-exchange market or will the euro or the Chinese yuan supplant it? Explain your answer. [3] What would be the impact on world trade and investment if there was only one currency? [2]
2. Do you think governments (including your own) should be allowed to use monetary easing policies to promote economic growth? (You can refer to your own research or the attached article "Is China Sparking A Global Currency War?" to assist in your response. [2] Some countries practice manage float while others use various currency pegs. How do the various currency exchange policies effect global trade and do you think it is fair to countries who practice free float? [3]
3. How important is the creation of international banking facilities to the international competitiveness of a country's banking industry. [2] Analyze the attached article and the list of the world's largest banks. Are you surprised by the nationalities of the banks in this list? What can you infer about international trade and businesses from this list? [3]