Your final project will require you to examine any foreign currency of your choice (preferably one from an emerging market such as Brazil, Argentina Chile or China), and provide an analysis of that currency against the U.S. dollar over the 5-year period ending with 2010. To complete this assignment, examine an exchange-traded fund (ETF) for that currency, perform any additional research you need to do in order to understand the topic, and then write a 750-word paper that summarizes the results of your macroeconomic analysis. To find an ETF fund for a country that you’re interested in, go to an Internet search engine such as Google, and enter the keywords “exchange-traded fund for X,” and replace the “X” with the name of the country of your choice. You can see the history of your chosen ETF, in terms of U.S. dollars, by checking or entering the ETF call letters or ticker symbol in a financial search engine such as Yahoo! Finance (the web address for this site is http://finance.yahoo.com/).
Step 1: Select a foreign currency as described above.
Step 2: Perform your research. The content of your textbook can be one of your sources. However, your paper should also include at least four independent and reliable sources. Use general Internet search engines, financial search engines, and the Penn Foster Virtual Library to perform your research.
Step 3: Perform your macroeconomic analysis on the material. Remember that you need to provide an analysis of your chosen currency against the U.S. dollar over the 5-year period ending with 2010.
Step 4: Write a first draft of your paper. Your paper should be written using a word-processing program, such as Microsoft Word or a Word-compatible program. Your essay should include a separate title page, and between three and five pages on your topic. The essay should include a brief introduction, several paragraphs that cover the required information, and a conclusion. The last page after the main body of the essay should provide an APA references page.
Step 5: Complete your final draft. Carefully review your written essay, correct any errors, and submit your final draft to your instructor. Use the following Writing Guidelines to complete and submit your essay.
1. Type your submission, double-spaced, in a standard print font, size 12. Use a standard document format with 1-inch margins. (Do not use any fancy or cursive fonts.) 2. Read the assignment carefully, and follow the instructions. 3. Include the following information at the top of your paper: n Name and complete mailing address
n Student number
n Course title and number (Economics 1, BUS 121)
n Graded project number (05047700)
4. Be specific. Limit your submission to the issues covered by your chosen topic. 5. Include APA in-text citations in your paper and an APA reference page at the end of your paper. 6. Proofread your work carefully. Check for correct spelling, grammar, punctuation, and capitalization.