Assignment: Analysis Of The Foreign Exchange Market
Purpose of Assignment
The foreign exchange market is an international monetary system that among several of its functions, converts one country's currency into that of another. Understanding the foreign exchange market is an important dynamic in international trade and investment. It is, therefore, a benefit to the business student, via this assignment, to fully comprehend its functions.
Assignment Steps
Develop a minimum 700-word analysis to include the following aspects of the foreign exchange market:
• Discuss the two main functions of the foreign exchange market.
• Analyze, in detail, the relationship between money supply and inflation.
• Describe the difference between a freely convertible currency and a non-convertible currency.
• Evaluate the technology risks associated with the functions of the foreign exchange market.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.