1. Argue how pandemic Covid-19 affects the business of MNC. (15m)

2. Explain this statement Increasing unemployment rate in US may harm Malaysia Current Account? (15m)

3. Country A is under gold standard, meanwhile, Country B is under fiat money. Due to Covid-19, the reserves in both countries were short. How Country A increases their gold reserves in a recession? How Country B increases their gold reserves in a recession? Note that the covid-19 affected the global economy growth become negative. (25m)