Selects one FOREIGN country/region (from American perspective) and its currency (note some countries have dollarized so do not have their own currencies) to work on the project. (If you have interest to work on two countries and currencies, then ideally you please pick one key currency and one less popular currency. Less developed countries and regions have unique business and investment opportunities. It will be interesting and rewarding to gain knowledge of their currencies, economies, financial markets and business environment).
Short summary, bulletin points, table and chart together with brief description preferred. Do NOT copy and paste.
Please indicate information sources for each question of the project.
Project part 1-4 to be completed by October 25th
1. Economic Overview and Globalization, Currency Regime (30 points)
1) Please provide a brief introduction of the country/region, its economic development and globalization in particular. Bulletin points and short paragraph preferred, less than one page. (10 points) 2) What is the currency regime of this country/region, referring to the 4 categories and 10 classifications of IMF? Please indicate the source of information. (5 points). What is the immediate past currency system? (5 points) 3) Please describe the definition and requirement of this regime, specifically what determines the rate and its change, and the responsibility of the country authorities. (10 points)