If the price of hot dogs increases, the demand for hot dog buns will

How did the international monetary system created at Bretton Woods in 1944 allow its members to reconcile their external commitments with their internal goals of full employment and price stability?

What will be an ideal response?

Assume that the current exchange rate between U.K. pound and the U.S. dollar is 2 (E = 2.0). If interest parity holds, and the U.S. interest rate is 6% while the U.K. interest rate is 8%, the expected exchange rate in one year is

A) 1.98. B) 1.99. C) 2.01. D) 2.02. E) 2.04.