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3 (10 marks in total for the following 3 questions) 1. Draw a figure for the phenomenon of capital flight under fixed exchange rate system. (5 marks) 2. With reference to the behavior of local people, explain the main reason for capital flight. (3 marks) 3. What action does the central bank usually take in case of capital flight? (2 marks) 3 (10 marks in total for the following 3 questions) 1. Draw a figure for the phenomenon of capital flight under fixed exchange rate system. (5 marks) 2. With reference to the behavior of local people, explain the main reason for capital flight. (3 marks) 3. What action does the central bank usually take in case of capital flight? (2 marks)