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Question 1: Please explain/define the concept of Currency Conflict and please elaborate on some histprical background to put it into perspective, the three crinic problems that will emerge and elaborate on how currency conflict works and its impact on both sides.
Question 2: Please explain what are the two types of policies that can be used to prevent currency conflic to evolve into currency war. Please explain and elaborate which are those two types, when are the used, what is the purpuse of using one typer other, what is the effect of one group and the other. In your opinion: Which policy or policies listed starting on page 133 to page167 do you think is/are most appropiated to deal with a currency conflict in today’s world?
Question 3: Plase explain/alaborate on the concept of Currency WAR. Make sure you elaborate on the taboo issue of currency war, show the history of currency wars, the paradox at the heart of every currency war, the problems and unintended consequences, and provide at least one example to support your analysis.
Question 4: Gold served as international currency from 1870 to 1914. Please explain based on our readings (The Classical God Standard- 1870 to 1914) what was the classical gold standard organized and reasons that explain the benefits of this system.
Question 5: The creation of the Federal Reserve – 1907 to 1913 – explains the creation of the “Fed”. Please explain what has been the number one reason behind the “distrust” for the creation of a central back. What do you think of this significant episode (make sure you properly refer to events, situations and characters?
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