1. Analyze the following statement: "The demand for international reserves tend to increase with the level of world income and trade activity."

Your response should be at least 100 words in length.

2. Explain how debt reduction in developing countries can improve the economies of advanced countries.

Your response should be at least 100 words in length.

3. Imagine yourself in a job interview for a position with a large international bank. The interviewer mentions that recently the bank has experienced some problem loans to foreign governments. The interviewer asks you which factors you think they should consider when evaluating a loan proposal involving a foreign governmental agency. How do you respond?

Your response should be at least 200 words in length.

4. Analyze the following statement: "In 1975, the official price of gold was abolished as the unit of account for the international monetary system. As a result, gold was demonetized as an international reserve asset."

Your response should be at least 200 words in length.