3-) If you give me a U.S. dollar, I can give you 80 Indian rupees. Write this exchange rate offer in American terms and in European terms. 4-) Compare and contrast: Over the counter markets versus centralized markets. 5-) Compare and contrast dollarization with a USD-based currency board. 6-) Discuss how concentrated ownership would address the agency problem. 7-) Discuss the pros and cons of metal-based money