Question 1. Imagine that Canada, the United States and Mexico decide to adopt a fixed exchange rate system. What would be the likely consequences of such a system for (a) international business and (b) the flow of trade and investment among the three countries?
Question 2. Why has the global capital market grown so rapidly in recent decades? Do you think this growth will continue throughout the next decade? Why?
Question 3. List the options for raising money on the global capital markets and discuss the pros and cons for each option.