Paper Assignment
Select a foreign country and analyze its monetary system. Research the country's monetary system using at least five scholarly sources, including a minimum of three from the Ashford Online Library.
Address the following aspects in your paper:
1. Analyze the evolution of the country's monetary system, including the impact of any fiscal monetary and trade policies.
2. Describe the major components of the monetary system, including organizations and financial institutions.
3. Describe the currency exchange rates and any significant economic impacts on the exchange rates.
4. Plot the currency exchange rate against the US Dollar:
• Go to: Pacific Exchange Rate Service website
• Select US Dollar as the base currency
• Select your countries currency as the target currency
• Time horizon should equal one year
• Select make chart. Include this chart in your analysis
5. Analyze the issues around economic exposure, transaction exposure, and translation exposure.
6. Recommend to investors whether they should buy or sell futures or options in that currency. Be sure to support your recommendation with calculations where necessary.
Format your assignment according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the assignment, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.