ECO 305 (Strayer) Week 8 Assignment 2 – International Economics, Part 2Write a 4-6 page paper in which you:1. Analyze and describe the impact of the different forms of regional trading arrangements on international trade.2. Analyze and describe the role of the major international trade and financial institutions in fostering trade.3. Identify and describe the major economic issues affecting the strategic management of multinational firms.4. Outline how exchange rates are determined, the types of exchange-rate mechanisms, and the role of foreign-exchange markets.Your assignment must:Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions.Include a cover page containing the tile of the assignment, the studentâs name, the professorâs name, the course title, and the date. The cover page and the reference page are not included in the required page length.