With the aid of examples from international financial markets

1a) With the aid of examples from international financial markets, evaluate the ethical risks associated with derivatives trading, clearly indicating the difference between making a bad business decision involving derivatives and engaging in unethical conduct using derivatives. [14 marks]b) How can the ethical risks exposed by recent derivative disasters be effectively dealt with at both firm-specific and regulatory levels in any developing economy of your choice?2) Prescribe, with justification, the mandatory improvements required in the underlying markets as well as the legal and regulatory frameworks for the successful establishment of a derivatives exchange in Zimbabwe