1. In our daily lives, we are surrounded by persuasive messages: advertisements, political campaigns, business requests, public service announcements…the list goes on and on. Why? Because persuasion, when used appropriately, is an effective tool to compel people to act. Describe a time when a persuasive message prompted action on your part. What specific aspects of the message prompted your action?2. Now that the US presidential election is over how would you estimate the impact it, and its resolution, on FX rates for the next year and the subsequent impact on MNC’s cash flows?