1. Do you think the US should remain on a flexible exchange rate system or move to a pegged system? If the latter, which currency should the US dollar be pegged to? Explain clearly with facts; use a reference 2. Tariffs and quotas are among the primary ways governments protect domestic industries. Explain how each of them works. Use a reference 3. What would happen if additional protection or restrictions are placed on the imports? Jobs in the industry in the United States. Use a reference 4. Differentiate between the level of trade vs trade balance use reference 5. Explain how a horizontal analysis for the income statement and the balance sheet. What does it tell us? 6. How do we analyze corporate Solvency?