Select a foreign country and analyze its monetary system.

Select a foreign country and analyze its monetary system. Research the countrys 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 countrys 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.) websiteSelect US Dollar as the base currencySelect your countries currency as the target currencyTime horizon should equal one yearSelect make chart. Include this chart in your analysisAnalyze 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.

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