good day, I am a student taking online classes Business Administration subject International Business and Trade Please assist 1) under Bretton Woods

good day,

I am a student taking online classes Business Administration subject International Business and Trade

Please assist

1) under Bretton Woods system, what confidence problem describe

2)Why is the Economic and Monetary Union noy an optimum currency area

3)What does it predict under a floating exchange rate regime when an increase in demand for monetary asset