1- We have studied in ch15 The trilemma issue: that policymakers face some tough choices, and that having a fixed exchange rate, international capital mobility and monetary policy autonomy is not possible at the same time. Give two examples from the real world, where countries had to sacrifice one of the three objectives mentioned above.

2- Use Table 15-1 (from slides of ch15) to explain the FX equilibrium. Give examples from the table

Table 15-1