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. Your analysis should be an eight to ten page paper formatted according to APA style guidelines.
Address the following aspects in your paper:
• Analyze the evolution of the country's monetary system, including the impact of any fiscal monetary and trade policies.
• Describe the major components of the monetary system, including organizations and financial institutions.
• Describe the currency exchange rates and any significant economic impacts on the exchange rates.
• Plot the currency exchange rate against the US Dollar:
o Go to: Pacific Exchange Rate Service website
o Select US Dollar as the base currency
o Select your countries currency as the target currency
o Time horizon should equal one year
o Select make chart. Include this chart in your analysis
• Analyze the issues around economic exposure, transaction exposure, and translation exposure.
• 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.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.