Question 1 Consider an example of a US cell phone manufacturer that hires only local labor, uses only local supplies, and sells everything locally; they neither export nor import, is this company exposed to international finance and currency risk? Explain in as much detail as possible. Question 2 Do subsidies help or hurt international trade? Explain in as much detail as possible. What was the gold standard and how did it affect exchange rates? Explain in as much detail as possible. Question 4 Using an example of one of the factors that affect exchange rates, explain how expectations of future exchange affect today's exchange rates. Explain in as much detail as possible