1. Discuss the following concepts related to BOP : a. Balance of Payment: what it is? b. 2 components of the BOP and their specific sub-components c. Why is BOP always balance?

2. Cite and discuss the 5 major determinants of floating exchange rates.

3. Explain the maxims of exchange rate.

4. Discuss the following financial instruments in foreign exchange markets. Cite clear examples. : a. Spot b. Forwards c. Futures d. Options e. NDFs

5. Cite the actors/ participants in the global financial market and discuss their roles

6. Discuss the (basic and advanced) concepts of Fishers Effect. Discuss its significance in international finance.