Question: 1. Do you agree with the statement below? Why or why not? Given the inflation in Venezuela was well above 80,000% in 2018, Venezuela should

1. Do you agree with the statement below? Why or why not?

Given the inflation in Venezuela was well above 80,000% in 2018, Venezuela should adopt a cryptocurrency such as Bitcoin as a national currency?

2. What would be the impact of the COVID-19 on the balance of payments of a country?

Please can pick ONE specific country to discuss

3. If you are hired as an advisor for the government in the country of your choice in Q3, what advice would you give to the government to deal with the positive/negative impact of the COVID-19 on the balance of payments of the country? Your advice/solutions should be tailored to the impact you discussed in Question 2

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