Reference no: EM131174876
FIN 336 Milestone Three
In Module, we are investigating why governments try to intervene in the currency market to keep values of their own currency low. This practice is used to promote the sale of goods to other countries and create additional exports. Here, the purchasing company views the lower value of the foreign currency as a bargain for purchasing goods because the lesser value purchases a larger quantity.
1. In expanding the research and knowledge of the ongoing relationship between the United States and China, write a paper to summarize currency market intervention and decide whether this is a useful tool. Explain your rationale.
2. Cite an example of how intervention has been used to benefit either of these countries and the circumstances surrounding this intervention. Did the United States or China succeed in their efforts? How is this known? Overall, do you believe this was a beneficial choice for the government and country? What data is your opinion based upon?
Requirements of Submission:
This milestone must follow these formatting guidelines:
double spacing, 12-point Times New Roman font, one-inch margins, and discipline-appropriate citations.
This paper should be a minimum of 2 pages in length in addition to the title and reference pages.
The APA style format must be used when citing and referencing information provided.
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