No AI help Please:

Please answer the following five questions:

$1.$Define political risk and provide one example$*$

$2.$ What are the advantages of a fixed exchange rate regime?

$3.$ Provide one example$*$ of a country with a surplus on the trade balance and explain its main reason.

$4.$ What is the agency problem in corporate finance? Provide one example$*$

$5.$ What is the Spot Market? Define it and provide one example$*$