How exchange rates are determined under each system

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Reference no: EM131262239

Assignment:Team Assignment:Exchange Rate Regimes

Team Expectations

Your team will have a proprietary Discussion Board and a chat room option to conduct team business. Sometimes teams choose alternative methods of communication, such as instant messaging or conference calls. If alternative team communication methods are used, all team members must agree to the methods and a summary/synopsis of what transpired during such meetings must be provided to all team members.

The individual final grade for the team Assignment will be based on both the team product and quality of individual contributions to the teamwork process. The team products will be evaluated using appropriate rubrics. The individual portion of the team Assignment will be assessed from team member feedback provided at the end of the Assignment using the peer evaluation form located in Doc Sharing. The forms are confidential, except, at your discretion, regarding discussion of ratings within the team. You are encouraged to check with your team members regarding your performance. The final points assigned for individual team participation is at the discretion of faculty, with the team peer evaluation as one source of information.

Please be sure to work and post in the Team Discussion Board, even if you employ other venues, i.e. chat or conference calls. Your instructor periodically reviews this area to determine how the team is working and what additional support he/she can provide to the team.

Keep in mind the importance of communication within all your courses at Kaplan: this importance is magnified with team assignment work. It is imperative that you communicate effectively and efficiently with your classmates during this assignment. Team cohesion and team synergy are very important for the success of the team project. You will be evaluated on your participation and contributions to the teamwork by your fellow peers.

In this Assignment, you will be assessed on the following outcome:

PC-1.2: Contribute to team goals and objectives through active participation and collaboration.

Instructions

Access the Team Discussion Board on the left hand navigation under Unit 10. Begin by posting an initial welcome to your team and share your contact information including your time zone and best form of contact (email, text, etc.), and best meeting day and time for you. This should be completed in Unit 9.

Use this area to collaborate as a team. Some suggestions for this area could include posting meeting minutes, your assignment contribution, suggestions, etc. It is best to communicate via the main contact platform selected by your team when posts are made which impact your contribution to the Assignment.

The minimum requirement is posting on two days; the first post should be made by Thursday of Unit 10.

Assignment Questions

1. Compare and contrast the following exchange rate systems:

A. fixed exchange rate system
B. floating exchange rate system
C. pegged exchange rate system

2. Thoroughly discuss the advantages of each system and explain how exchange rates are determined under each system.

3. Thoroughly discuss the disadvantages of each system and explain how exchange rates are determined under each system.

Reference no: EM131262239

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