I need help on the this 2 questions. APA format is required and all citations included with references. Each question is 300 words minimum. 1.Research a recent article on the International Monetary...

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I need help on the this 2 questions. APA format is required and all citations included with references. Each question is 300 words minimum.
1.Research a recent article on the International Monetary Fund (IMF); perform an online search for an article that is at least 2-3 pages in length. Read the article, and think about how the topic relates to the concepts discussed in Chapter 10 (The determination of Exchange Rate). Write a brief summary report (1 page), and discuss how the article relates to the IMF’s position of influence on individual nation’s economic policy. You should incorporate terminology and concepts included in the chapter to summarize the article. Remember to cite any sources used, including the textbook (APA format is required).
2.

Read the case study “Welcome to the World of Sony – Unless the Yen Keeps Rising” at the end of Chapter 10 in your textbook. Address the following questions in your response. You should make sure to include core concepts discussed in your textbook in your answers.



  • Given instability in the currency markets, why do you think it is important for Sony to manufacture more products in the United States and Europe and to also buy more from suppliers in other countries in Asia?

  • Identify the major forces that affected the Japanese yen prior to the global financial crisis in the fourth quarter of 2008? In your opinion, what has had the greatest impact on the yen since then, and where do you forecast the future value of the yen?



Answered Same DayDec 31, 2021

Answer To: I need help on the this 2 questions. APA format is required and all citations included with...

Robert answered on Dec 31 2021
112 Votes
The article is on the Manipulation of the Exchange Rates in International Law: The Chinese
Yuan
It has been observed by the IMF in the r
ecent times that China has always undervalued its Yuan
in order win a competitive edge in the global market over the other countries. This is done via
the route of manipulation of Yuan where the buying and selling activity is done at a fixed price.
Hence, there is no free market for the currency.
Here the IMF has intervened the matter by evaluating the fact of undervaluation of Yuan and the
manipulation activity as the de facto of subsidy to Chinese exporters. However, the IMF has
stated that before any judgment could be made over the whole matter, two things should be
determined on priority basis that the exchange rate of China is manipulated and second these
results in the inequality of trade and fair practices. The matter was to be taken up by WTO as it
has the powers to intervened the matter directly and pose out any threat that can emerge over the
matter. But eventually WTO needs to discuss the whole matter with IMF as the exchange rate
determination power solely lies with IMF
What is concluded from the article is that China exercises the authority to determine the value of
Yuan on its own basis and this affects the trade relations in the Global Market. The exchange rate
of any country is tied up with the global...
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