Economics Homework Help

1.Write a summary of the Slovak Republic exchange rate regime based on information from the IMF
Annual Report on Exchange Rate Arrangements 2018, using the exchange rate regime
designation given in the country details on page 55 onwards, and Table 2 elaboration of the
country’s monetary policy arrangement on page 6 onwards. Use your own words and clearly
explain the concepts. (Approximately 200-250 words)

2.Write an overview of the nominal exchange rate over the period 2000 to 2019, referring to
Figure 1 (NEED A GRAPH). Explain how it reflects the type of exchange rate regime of this country. Note any
unusual movements and summarize the overall trend. Then explain the significance of the real
effective exchange rate and summarize its performance over this period based on Figure 2.(NEED A GRAPH) Again, note any unusual movements and summarize the overall trend. Speculate about why the
real exchange rate fluctuates and how this is likely to impact the trade balance. (Approximately
200-250 words.)

3.On the basis of your research on the exchange rate regime, exchange rate performance and the
capital openness graph(NEED A GRAPH), described separately, position the name of your country in the relevant
region of the Trilemma triangle. Explain why you have positioned your country where you did.
Your explanation should demonstrate that you understand the trade-offs of the trilemma(NEED A GRAPH), so
please discuss the reasons why your country can only choose two of the three policy goals.
(Approximately 500 words)

For trilemma graph, it should be a triangle, with Slovak Republic in the middle and “Fixed Exchange Rate” on the left side, “Capital Mobility” on the right side and “Monetary Polciy Autonomy” at the bottom of the triangle. Put the Conclusions at the three corners of the triangle to make the graph completed.