Answer question 3. I need calculation step by step

Explain shortly the following expressions in the context of this course: a sudden stop b Bretton Woods system [describe its basic characteristics briefly] c. capital account (in a system that includes current account and financial account also in the balance of payments). In your answer, give an example of a type of transaction that would be included the capital account. You do not need to indicate whether the example transaction would be noted as a credit or as a debit in the capital account. d. sterilized foreign exchange intervention e. eurodollars Use a graph including a GG curve (for monetary efficiency gain) and an LL curve(for economic stability loss) to explain when there are positive net economic benefits for a country to join a fixed exchange rate area and when there are not. In your graph you should describe what is on the axes of your graph. Explain what is meant by monetary efficiency gain and economic stability loss, including in your discussion where the associated gains or losses are coming from. Suppose the annual nominal interest rate in Mexico is 8% the annual nominal interest rate in Thailand is 2%, and today's market expectation of the price of the Thai Baht in terms of Mexican pesos a year from now is 25.44 Mexican pesos. Suppose also the covered interest parity condition holds true between Mexico and Thailand and that the risk premium for holding onto Mexican assets rather than Thai assets is zero. What should be the price of the Thai Baht (Thailand's currency) today