Comparison: US and Canadian currency in 5 year span

Analyze foreign exchange and investment and the
effects each nation’s economy has on another nation’s
economy
Graded Project: Analyzing Foreign Exchange and Investment
Introduction
Every country has its own currency. The value of a country’s currency is
directly related to its economics. Therefore, the value of each country’s
currency is different.
The question becomes, “How can countries and businesses do business
with each other when the value of each country’s currency is different?”
The answer is The Currency Exchange Rate.
With the advent of the Internet, there has been an explosion in the
Forex Market to the point where this market dwarves all other markets.
The Forex Market (FX for short) is where currencies are bought and sold
and a price is “fixed” on a moment-by-moment basis between the values
of different currencies. This is known as the “currency exchange rate.”
For example, as of this writing, $1 U.S. will get you $1.31 Canadian.
This difference in the exchange rate means that the U.S. Dollar (the
U.S. economy) is stronger than the Canadian Dollar (the Canadian
economy) because for each U.S. Dollar, you get more Canadian Dollars.
Conversely, for $1 U.S., you’ll only get $0.80 Sterling or British Pound.
The U.S. economy is weaker than England’s economy because for each
U.S. Dollar, you get less British Pounds.
Project Instructions
Choose one country from the following list:
Japan
UK (United Kingdom – England – Great Britain)
Australia
Canada
South Korea
This final project will require you to examine the FX currency of your
choice from the list above versus the U.S. Dollar over any recent
consecutive five-year period as to why the exchange rate fluctuated
during that period.
Writing Guidelines
The paper will contain three parts:
An Introduction
The Main Body
A Summary or Conclusion
Your paper must be a minimum of five pages in length, including a
Works Cited page.
The submission will be double-spaced, in a standard print font of
size 12. Use a standard document format with 1-inch margins. Do
not use any fancy or cursive fonts.
Citing Your Work:
A minimum of five citations is required.
The citations must follow APA formatting
Step 1
Select a foreign currency you want to analyze versus the U. S. Dollar.
Find the FX ticker symbol for the currency.
Step 2
Perform your research. Go to a website such as www.xe.com (www.xe.c
om/currencycharts/?from=USD&to=EUR&view=1D) or Bloomberg that
has charting capabilities for the currency selected versus the US Dollar.
Even a search in Google for the name of the currency exchange rate
(such as searching “China currency exchange rate”) can be done to
view a chart.
Decide on a five-year period that you’ll want to analyze. Record the
currency exchange rate over the five years showing the “significant”
points in time such as:
The starting point for the five-year period
The high points
The low points
Any “relatively” major ups and downs in the exchange rate
The ending point for the five-year period
Step 3
Once you have the exchange rates for the five-year period, research to
formulate an opinion as to why the exchange rate fluctuated over that
period.
Using your knowledge of Macroeconomics, research the economics of
the country selected (such as GDP figures, supply/demand, housing,
and labor, just to name a few of the economic concepts that you’ve
learned about) and the events (such as political events, natural or
unnatural disaster events, war events) that had an effect on the
economy of the country.
Do the same research for the economics of the United States during that
five-year period.
Step 4
Write a first draft of your paper following the guidelines presented
above.
The introduction should include what the paper is about, the currency
selected, and a table listing the currency exchange rates as of specific
dates for the country selected versus the U.S. dollar. This table should
have an in-text citation and a properly formatted citation on the Works
Cited page so that these figures can be verified based upon the citation
presented. Work, facts, figures, and any other elements that aren’t your
own must be properly cited; otherwise, this is plagiarism and will warrant
a grade of 1. This introduction should be one or two paragraphs at most
and include the table.
The main body of the paper will present your opinion as to why the
currency exchange rate fluctuated over the five-year period. You must
support your opinion with at least four in-text citations and include these
citations, properly formatted, on the Works Cited page.
The economic analysis needs to include both sides of the currency
exchange rate. There can be no exchange rate if there’s only one side
(one country). Therefore, the analysis must include the selected
currency and the U.S. dollar.
For this analysis, you’re being asked to provide a minimum of four pages
as a summary of your opinion.
The parts of the paper should include:
The introduction which states what the paper is about and includes
a table with the exchange rates over the selected five-year period
listed.
The main body of the paper which discusses both economies
providing an opinion as to why the exchange rate fluctuated and
include in-text citations to show support for that opinion. Remember
the in-text citations also need to be included on a Works Cited
page.
The summary or conclusion, which is a summary of what was
presented in the introduction and main body of the paper. It should
only be one or two paragraphs in length.
Remember: Follow the writing guidelines, use 12pt font, double spacing,
and the analysis needs to be a minimum of four pages.
Step 5
Create a “Works Cited” page following APA guidelines as stated above.
Introduction
Provides one or two paragraphs for an Introduction which also
includes a table with the currency exchange rates for a consecutive
five-year period
Main Body (Analysis)
Provides an economic analysis for the currency selected
Provides an economic analysis for the US Dollar
Provides an opinion based upon the economic analysis of the two
currencies as to why the exchange rate fluctuated during the fiveyear period
Provides at least four valid citations to support the opinion stated
The economic analysis is a minimum of four pages in length
Summary or Conclusion
Provides a clear summary or conclusion restating the analysis in
one or two paragraphs
Written Communication
Provides in-text citations and includes citations on a Works Cited
page
Provides a minimum of four citations
The paper is a minimum of five pages in length

Don't use plagiarized sources. Get Your Custom Essay on
Comparison: US and Canadian currency in 5 year span
Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT!
Order Essay
iWriteHomework
Order NOW for a 10% Discount
Pages (550 words)
Approximate price: -

Why Us?

Top Quality and Well-Researched Papers

All ourbpapers are written from scratch. In fact, Clients who ask for paraphrasing services are highly discouraged. We have writers ready to craft any paper from scratch and deliver quality ahead of time.

Professional and Experienced Academic Writers

Our writers keeps you posted on your papers progress - providing you with paper outline/draft. You are also at liberty to communicate directly with your writer.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time, in many cases quite ahead of time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.