Discussion question help

Please no Plagiarism! 75-100 word for each question. Have questions above the answers so I know which answer goes to which question.

1. Is it better to have a low or high exchange rate? Why?

2. Is it better to have a trade deficit or a trade surplus? Why?

3. Why can’t a country target both its interest rate and exchange rate?

5. What would be the effect on the U.S. trade deficit if china and japan ran a contractionary fiscal ;