23912382_355324_kjd_rtn.docx
Your Economics Final Project # 350115 is being returned for the following reasons:
The goal of this project was to demonstrate the knowledge that you have obtained in your Economics 1 course. To complete the project, as per the instructions, you need to provide four parts:
1) An introductory paragraph stating which foreign currency and ETF for an emerging market you are going to analyze.
2) Perform an economic analysis of the currency you selected and the U.S. Dollar over a 5-year period. (In other words, provide an economic analysis between the two countries and form your opinion as to why the price changed up and down over that period time.) This analysis should be 3-5 pages in length and include “in text” citations.
3) A conclusion to your analysis.
4) A Works Cited page having properly formatted APA citations.
When providing an “economic analysis” based on what you have learned in Economics for both the Russian and the US, you are to explain why you think the currency conversion prices fluctuated over the 5-year period based upon your economic analysis of both countries for that 5-year period. This should be 3-5 pages in length. When doing the analysis, remember, the currency price is determined by the economics of both currencies. Therefore, while you are “selecting” a currency, the analysis must include both the selected currency and the US Dollar.
Citing Your Work: When it comes to citing source material that is not your own, there are two parts to a citation – 1) the in text citation and 2) the citation on the Works Cited page itself. The citations should follow APA formatting. If you do not remember how to make a properly formatted APA citations, go to the Purdue OWL (Online Writing Lab) website by doing the following:
1) do a search on the Internet for “Purdue OWL” and go to the homepage
2) in the menu on the left, click on “Research and Citation”
3) from the drop down menu click on “APA Style”
4) then click on “APA Formatting and Style Guide”
5) finally, select “Reference List: Electronic Resources
Alternatively, go to Penn Foster’s Writer’s Block (
http://pflibrary.pennfoster.edu/writersblockhomepage) or telephone and speak with an English instructor to refresh your memory on how to make a proper citation.
Please rework and resubmit the project for grading. If you so not understand something about what needs to be done for the project or how to do it, I suggest you telephone and speak with me. I can help guide you through meeting the requirements.
Telephone toll free at 1.888.427.1000, Monday thru Friday from 9am to 5:30pm ET.
Introduction
The way a nation's currency, like the Japanese yen, moves in relation to the US dollar provides a perspective on the true economic currents within the complex web of international banking. This essay explores the complex world of currency exchange rates and its wide-ranging effects by breaking down the complicated relationship between different currencies over a corresponding five-year period.
The main problem that develops as the world makes its way through the pieces of many currencies is how countries and companies carry out business when the values of their respective currencies separate. The Currency Exchange Rate, an algorithm that has taken on unparalleled significance in the wake of the digital era and the growing Forex Market, is the key piece of this tricky puzzle.
Body
1. The economic landscape of Japan, analogous to a skilled surfer navigating tumultuous waves, has encountered a series of significant disruptions over the past five years. From natural disasters to global pandemics, these events have reverberated through the economy, impacting investor sentiment and thereby influencing the demand for the yen.
2.A critical juncture in this narrative is the implementation of Abenomics, a multifaceted economic strategy orchestrated by Prime Minister Shinzo Abe. Comprising three distinct arrows aimed at dismantling deflationary pressures, fostering growth, and enhancing Japan's global competitiveness, Abenomics wielded considerable influence over the yen's valuation. Each arrow in this policy quiver produced discernible effects, prompting a meticulous examination of the intricate interplay between policy dynamics and currency fluctuations.
3. Japan's economic profile, heavily reliant on exports, renders it highly susceptible to global trade dynamics. Consequently, the ebb and flow of international trade tensions, agreements, and disruptions manifest as significant determinants in the yen's valuation against the US dollar. An exploration of these global currents provides a comprehensive understanding of the intricate dance between Japan's yen and the global economic stage.
Conclusion
In conclusion, the analysis of the US dollar's value relative to the Japanese yen during the last five years reveals a story that goes beyond the numbers. It is a story of economic persistence in the face of hardship, an intelligent reaction to the shaping of policy, and a skilled dance with the always shifting winds of international trade. The dynamic platform for this relationship, the currency exchange rate, is evidence of the complexity and interdependence of the world's economy. This discussion aims to highlight the complex narrative that is contained inside the yen's journey against the US dollar in addition to explaining the differences that exist.
