I. The Trilemma 1. a. Explain the policy trilemma. Why are only two of the three policy objectives Achievable? Interpret the classical gold standard, the Bretton-Woods period (early and late), and the floating exchange rate period through the lens of the trilemma. Interpret the Eurozone arrange through the lens of the trilemma. In each case, what was/is gained and lost? I. The Trilemma 1. a. Explain the policy trilemma. Why are only two of the three policy objectives Achievable? Interpret the classical gold standard, the Bretton-Woods period (early and late), and the floating exchange rate period through the lens of the trilemma. Interpret the Eurozone arrange through the lens of the trilemma. In each case, what was/is gained and lost