Is the Australian dollar overvalued? 代写



Assignment
• From the article titled ‘Is the Australian dollar overvalued?’ (Sydney Morning Herald February 10, 2017), answer the following questions. Note that your analysis is based on US Dollar (USD) and Australian Dollar (AUD).
• (a) Briefly summarise the main issues discussed in this article? [Not exceeding 300 words] – (20 Marks)
 • (b) Using Demand and Supply model of exchange rate determination briefly explain how AUD is determined in the forex market, and what factors influence its fluctuations. – (20 Marks)
• (c) Using nominal exchange rate data and trade weighted index from Reserve Bank of Australia and graphs (monthly data of last three years) analyse the movement of AUD relative to that of the USD? Is it in line with the world commodity price movement during this period? Are there any other factors contributing to this behaviour of the AUD? – (25 Marks)
 • (d) Assume that you are exporting alcoholic beverages to United States. Explain the impact of overvalued AUD on your income? What advantages/disadvantages do you think Australia will have in overvalued AUD? – (15 Marks)
• (e) If the market rate is US 76C then what action could the Reserve Bank of Australia take in order to maintain the exchange rate at US 72C, and what side effects might this action have on the Australian economy? Do you think that such actions would be effective? – (20 Marks)
 • Word Limit: 2000 words maximum. Word count (excluding references) must be provided. Excess words will not be marked.
 Instructions
• At least 5 relevant references are required regarding the issue featured in your allocated topic.
 • Turnitin Report: It will be compulsory for all students to submit the written assignment (final version) into the Turnitin system before submitting the hard copy to the tutor. Students are encouraged to submit drafts of the assignment before the due date, enabling students to check their referencing and rectify any issues before submission of the final version.
 – In the absence of the submission of the Turnitin report, a zero mark will be awarded for this assignment task.
– A similarity index of less than 10 per cent is expected in your assignment. Zero tolerance applies for plagiarism
 
• Marks are allocated according to following criteria:
• Analytical Ability: • Correct understanding of the question(s) • Definition/explanation of key concepts
• Analysis/ discussion of the question ensuring a meaningful flow of ideas in relation to the main theme
• Adequate data are presented and graphs properly drawn (where necessary)
 • Relevancy of material presented
• Display of theoretical knowledge as necessary

Is the Australian dollar overvalued? 代写
• Adequacy/coverage of the topic
 When you answer each part of the topic, please ensure to meet above requirements as much as possible. Marks are allocated as follows:
• Part a - 12 marks • Part b - 12 marks • Part c - 15 marks • Part d - 09 marks • Part e – 12 marks • Total 60 marks
 
Research Depth: • Evidence of wider reading relevant to the question/s, and justification of strong comments/arguments with appropriate references in the text. • Relevant data/information gathered from reliable sources. (20 marks)
 • • Presentation:
 • General formatting (space, paragraphing, page break etc.)
• Grammar and spelling checks
• Appendices if appropriate
• Assignment cover sheet/ signed as own
• Tables/graphs, if applicable, are properly prepared and labelled (10 marks)
 • • References:
• List of references (minimum 5 references) attached
• Inclusion of all in- text references in the List
 • Harvard Style followed (author date system)
 • Alphabetical order followed
• (Excessive use of web sources should be avoided) (10 marks)
 • • Marks will be reduced for:
 • Cut and paste,
• Evidence of plagiarism /collaboration,
 • Ignorance/absence of seriousness and Late submission
 Is the Australian dollar overvalued? 代写