Respond to the following questions in essay format and provide

Respond to the following questions in essay format and provide references for support. Each answer should demonstrate research beyond the text. Analyze the monetary policies that have been employed and how they could be employed in the future. Analyze the impact of a country’s net balance of payments on the relative exchange rate for a country’s currency. Analyze the impact of a country’s net level of interest rates on the relative exchange rate for a country’s currency. Analyze the impact of a country’s nominal inflation rate on the relative exchange rate for a country’s currency. Does the growth in a country’s GNP (Gross National Product) cause, or correlate with, a country’s trade deficits? Support your paper with at least three (3) scholarly resources. In addition to these specified resources, other appropriate scholarly resources may be included. Length: 5-7 pages not including title and reference pages

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