Seeing the Forest Through the Bretton Woods

*For each of the following, assume perfect capital mobility.

A.Assuming a flexible domestic exchange rate regime, how does an expansionary monetary policy affect domestic output? How does it affect foreign output?

B.Assuming a flexible domestic exchange rate regime, how does an expansionary fiscal policy affect domestic output? How does it affect foreign output?

C.Assuming a fixed domestic exchange rate regime, how does an expansionary monetary policy affect domestic output? How does it affect foreign output?

D.Assuming a fixed domestic exchange rate regime, how does an expansionary fiscal policy affect domestic output? How does it affect foreign output?