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2. What are your expectations about the movements among outstanding exchange rates in the second half of 2021 and during 2022 in the world's monetary

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2. What are your expectations about the movements among outstanding exchange rates in the second half of 2021 and during 2022 in the world's monetary system? Please give your comments with a particular focus on USS for the USA, EURO for EU, and Turkish Lira for Turkey? How do you expect these three major economies and their currencies to move in 2021? Give all of your reasoning. Do you expect Turkish Lira to depreciate further? Why should it appreciate depreciate? Do you expect the current account deficit to be reduced (or controlled)? Why? Why not? What do (1) Marshall-Lerner (after Alfred Marshall and Abba P. Lerner) Condition and (2) Mann's (Catherine L. Mann, 1999) Rule tell us? Explain

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