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Assignment 3: Analyze Alternative Exchange Rate RegimesThere are several arguments for and against the alternative exchange rate regimes. Prepare a 2- to 4-page paper presenting both sides of the argument. In your paper:List and explain the advantages of the flexible exchange rate regime.Criticize the flexible exchange rate regime from the viewpoint of the proponents of the fixed exchange rate regime.Refute the above criticism from the viewpoint of the proponents of the flexible exchange rate regime.Discuss the impact the increased volatility in interest and foreign exchange rates has on global institutions.Use the following file naming convention: LastnameFirstInitial_M1_A3.doc. For example, if your name is John Smith, your document will be named SmithJ_M1_A3.doc.By Wednesday, October 19, 2016, deliver your assignment to the M1: Assignment 3, Dropbox.Assignment 3 Grading CriteriaMaximum PointsListed and explained the advantages of the flexible exchange rate regime.24Criticized the flexible exchange rate regime from the viewpoint of the proponents of the fixed exchange rate regime.24Refuted the above criticism from the viewpoint of the proponents of the flexible exchange rate regime.20Discussed the impact the increased volatility in interest and foreign exchange rates has on global institutions.20Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation.12Total:100Assignment 3: Analyze Alternative Exchange Rate RegimesThere are several arguments for and against the alternative exchange rate regimes. Prepare a 2- to 4-page paper presenting both sides of the argument. In your paper:List and explain the advantages of the flexible exchange rate regime.Criticize the flexible exchange rate regime from the viewpoint of the proponents of the fixed exchange rate regime.Refute the above criticism from the viewpoint of the proponents of the flexible exchange rate regime.Discuss the impact the increased volatility in interest and foreign exchange rates has on global institutions.Use the following file naming convention: LastnameFirstInitial_M1_A3.doc. For example, if your name is John Smith, your document will be named SmithJ_M1_A3.doc.By Wednesday, October 19, 2016, deliver your assignment to the M1: Assignment 3, Dropbox.Assignment 3 Grading CriteriaMaximum PointsListed and explained the advantages of the flexible exchange rate regime.24Criticized the flexible exchange rate regime from the viewpoint of the proponents of the fixed exchange rate regime.24Refuted the above criticism from the viewpoint of the proponents of the flexible exchange rate regime.20Discussed the impact the increased volatility in interest and foreign exchange rates has on global institutions.20Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation.12Total:100

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