1.Analyze and compare the following two IO: IMF and World Bank in terms of:Obligations, Compliance, Enforcement.

2.What has happened to the exchange-rate value of the dollar in each case? Explain.

a. The spot rate goes from $1.25/SFr to $1.20/SFr.

b. The spot rate goes from SFr 0.90/$ to SFr 1.77/$.

c. The spot rate goes from $0.010/yen to $0.019/yen.

d. The spot rate goes from 101 yen/$ to 100 yen/$.

3.Egypt has the following numbers:

200 million of exports

160 million of imports

60 million income received from foreigners

40 million of net unilateral transfers.

Give a series of values for income paid to foreigners, so that each of the following would be true:

a. Egypt has a current account surplus.

b. Egypt has a deficit for its goods and services balance.

c. Egypt is a net borrower from the rest of the world.