a. Berikan definisi bagi istilah beriku / Give the definition for the following terms: (10marks)

(i) Spekulasi / Speculation

(ii) Kadar tukaran hadapan / Future exchange

b. Menggunakan rajah huraikan bagaimana faktor berikut memberi kesan kepada kadar tukaran / Using an a diagram describe the following factors affecting the exchange . (20 marks)

(i) kenaikan kadar faedah domestik / the domestic interest rate increment

(ii) kerajaan meningkatkan sekatan ke atas import / a government increases an import barrier

c) Apakah sistem tukaran asing yang sesuai digunakan oleh negara yang mengalami kemelesetan ekonomi yang teruk disebabkan oleh kejatuhan matawang. Huraikan pendapat anda.

What is the appropriate foreign exchange system should be used by countries that are experiencing severe economic recession due to the currency collapse? Describe your opinion. (20 marks)