Problem:
Question 1) Why do you think that two of the Bretton Woods legs were established and the third, the International Trade Organization was not?
Question 2) Does the mission of the World Bank conflict with that of the IMF? In theory? In reality?
Question 3) How is the Big Mac Index helpful? What are its weaknesses?
Question 4) Is it better to pursue a "strong" dollar policy or a "weak" dollar policy?
Question 5) Should we care about massive trade deficits? Why or why not? Explain the solution in detail.