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Explain the following thoroughly and in details; definitions and the roles. 1. Competitive Devaluation 2. Dollarization 3. Currency board 4. Trilemma 5. Current account deficit 6. Dirty float 7. European Central Bank 8. Monetary independence and individual European countries 9. Triffin dilemma 10. De facto and De jure Classification of IMF.

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Explain the following thoroughly and in details; definitions and the roles. 1. Competitive Devaluation 2. Dollarization 3. Currency board 4. Trilemma 5. Current account deficit 6. Dirty float 7. European Central Bank 8. Monetary independence and individual European countries 9. Triffin dilemma 10. De facto and De jure Classification of IMF

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