Applying International Finance Principles

Throughout the course, you have learned about various concepts in international finance. This assignment provides an opportunity for you to apply those concepts and reflect on important topics in international finance. For your final paper, you will analyze The Philippines and its monetary system. You will also research the Philippines’ monetary system using at least five credible sources, including a minimum of three from the UAGC Library. Your analysis should be an eight to 10 pages and formatted according to APA Style guidelines.

Prior to beginning work on this assignment,

Compare your selected country’s balance of payments against the United States’ balance of payments using the International Monetary Fund (IMF) eLibrary Data’s webpage Balance of Payments and International Investments Position Statistics (BOP/IIP): By Economy: BOP Analytic Pres.Links to an external site.

For help navigating this webpage, review this handout: Navigating the IMF eLibrary Data WebpageLinks to an external site..

• Plot the currency exchange rate against the S. dollar using the FX Charts & Plots (v2.16)Links to an external site. tool. To do this,

Select S. Dollars as the base currency.

Select your country’s currency as the target currency.

Select Last 365 days [1 year] as the time horizon.

Select PNG image or JPEG image as your output format.

Select Make Chart.

Save an image of your chart. To do this,

take a screenshot of your chart, or

• right-click the chart, select “Save Image As,” and save to your computer.

In your paper,

Discuss the evolution of your selected country’s monetary system, including the impact of any fiscal, monetary, and trade policies.

Describe the major components of your selected country’s monetary system, including organizations and financial institutions in your country.

Compare your selected country’s balance of payments against the United States’ balance of payments.

Report the country’s exchange rate against the U.S. dollar.

Include the image of the chart you created in your analysis.

• Analyze the issues around economic exposure, transaction exposure, and translation exposure that a multinational company doing business in your country would face.