In Topic Seven we discuss the The Growth of the World Economy. You were assigned

In Topic Seven we discuss the The Growth of the World Economy. You were assigned an extra credit opportunity to answer questions about Mint Par and Market Exchange Rates.
Provide the answers to the following questions:
1) If the base coin of Currency A contains 25 ounces of gold and the base coin of currency B contains 5 ounces of gold what is the Mint Par Exchange rate?
2) What are specie points and what determines them?
3)If the specie points were +.5 and -.5 around the Mint Par Exchange rate, and the Market exchange rate were 4B per A, what would happen? Explain fully.
4) If the specie points were same as last question, and the Market exchange rate were 5.25 B per A, what would happen? Explain fully.