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I want very basic words as a second language please and each answer less than 80 words.

1- This article touches on a number of things that can affect the value of a currency in the foreign exchange market: economic growth performance, international trade levels, labor market behavior, and monetary policy. The author of the article implies that of these, monetary policy changes are the most important. Do you agree? Would your view be different if this was for the United States instead of Australia? Why or why not?

2- The article mentions the United States has a “blocking minority of votes” at the IMF. What is that exactly? Why does it exist? Should it change? That is, should emerging markets be given more say in the IMF? Why or why not?

 

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