hello please help me in answering this. This is an International Business Trade subject. The following are the questions:

1. What are the determinants of foreign exchange rates? Please explain briefly each determinants.
2. Give the effects to a certain monetary unit like the Philippine peso when it undergoes:

A. Depreciation

B. Appreciation

3. Is the rate of inflation dependent on foreign exchange rates? Why?

4.Please explain the law on One Price.

5. Differentiate convertible from non- convertible currencies.

6. Please explain briefly the following;

A. Trade Surplus

B. Trade Deficit

C. Balance of Trade

D. Balance of Payment

E. Global Financial Environment