• Examine two (2) effects of currency depreciation (devaluation) on a nation's trade position. Next, suggest one (1) reason for the impact of currency depreciation on relative prices, incomes, and purchasing power of money balances. Provide a rationale for your response. Include links to your references (within 6 months) in your answer.
• Compare and contrast the major advantages and disadvantages of a fixed exchange rate system and a floating exchange rate system. Determine which system you believe is the best for dealing with currency depreciation. Provide a rationale your response. Include links to your references (within 6 months) in your answer.