What challenges does the european central bank face, Macroeconomics

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What challenges does the european central bank face

Assignment Task 1: In three hundred words please explain

How does Markel Corporation gain and lose from fluctuating exchange rates?
What is hedging? Why do firms that do international business engage in hedging?
What is a forward contract? How do such contracts help Markel?

Assignment Task 2: 2-in three hundred words please explain

What benefits does using a single currency, the euro, provide to European countries?
What challenges does the European Central Bank face in developing monetary policy for the EU?
What is the effect of a weak euro on European exporters? What is the effect on European consumers?

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