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1-) What is the inherent problem with the bimetallic standard as a monetary standard that does not apply to the gold standard? 2-) Why was

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1-) What is the inherent problem with the bimetallic standard as a monetary standard that does not apply to the gold standard? 2-) Why was the bimetallic standard abandoned in the U.S. in favor of the gold standard? What were the resultant problems? 3-) What are the problems associated with adopting metalbased money? 4-) Describe the role of gold in the Bretton Woods System. 5-) Describe the Triffin paradox. 6-) Advantages and disadvantages of dollarization? 7-) Impossible trinity: a) Describe the impossible trinity. b) How to keep an exchange rate fixed according to the impossible trinity

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