1. In what ways the fractional reserve banking system works only for the benefit of the world's wealthiest countries? Explain.

2. Distinguish different segments of the international financial market.

3. Which of the international markets is important to each participant listed below and explain why?

3.1 MNCs

3.2 Central Banks

3.3 Government Agencies

3.4 Commercial banks

3.5 Corporations

4.How does regional economic integration address the following issues and challenges:

Trade-in services

Reduction of tariff and non-tariff barriers

Environmental protection and preservation

Climate change

Gender issues

5. Explain the relative importance of the following business types a company may choose in planning a business overseas: 5.1 Outsourcing versus offshoring. 5.2 Joint venture versus multinational corporation 5.3 Strategic alliance versus solo corporation