Select two (2) of the following topics and prepare an essay that explains the topic and provide an example for each from a reputable source other than the textbook. Use current data when possible.
- Exchange Rates
- Spot Exchange Rates
- Forward Exchanges
- Currency Swaps
- Purchasing Power Parity
- Exchange Rate Arrangements (Hard Peg, Soft Peg and Floating)
- Fisher Effect and International Fisher Effect
- International Bonds
- Transfer Pricing
Prepare an essay addressing each topic. Each topic should consist of at least two fully developed paragraphs. Cite sources in APA format. Provide references on a separate page at the end of the essay.