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:

Go to: Pacific Exchange Rate Service (Links to an external site.) website
Select US Dollar as the base currency
Select your countries currency as the target currency
Time horizon should equal one year
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.

Writing the Final Paper
The Final Paper:

Must be eight to ten double-spaced pages in length, and formatted according to APA style as outlined in the Ashford Writing Center.
Must include a title page with the following:

Title of paper
Student ‘s name
Course name and number
Instructor ‘s name
Date submitted

Must begin with an introductory paragraph that has a succinct thesis statement.
Must address the topic of the paper with critical thought.
Must end with a conclusion that reaffirms your thesis.
Must use at least five scholarly sources.
Must document all sources in APA style, as outlined in the Ashford Writing Center.
Must include a separate reference page, formatted according to APA style