Project 3 will consist of a review of the US currency trend, and its impact on trade. This paper should include the following points:
(1) Explain the currency trends relevant to US (appreciation versus depreciation or adjustments to pegged values.
(2) Describe the theoretical impact of these trends on the US import and export sector.
(3) Compare this theoretical impact to actual data. Does the data support the theory?
The document should be doubled-spaced, and should be between 800-1000 words of core content (approximately 3-4 pages, excluding title page and references.)