Critically discuss the pros and cons of European Monetary Union

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Global Finance (MMN324978)

Assignment 1: Written Portfolio

Weight 60%

Submission Deadline:

Word Count: a maximum of 2,500 (+/- 10%)

You will be penalized for being short of, or for exceeding 2,500 words limit by more than 10% i.e. 250 words.

  1. Critically discuss the pros and cons of European Monetary Union (1000 words) 40 marks
  2. Critically discuss Mexico’s balance of payment problem

Your discussion should have the following

(i) Investigate the causes of the crisis and document the trend in key economic indicators, such as, balance of payments, the exchange rate and foreign reserve holdings.

(ii) Discuss what policy actions might have prevented or mitigated the balance of payment problem and subsequent collapse of peso.

(iii) Derive lessons from Mexican experience that may be useful for other developing countries. (1500 words) 60 marks

Presentation of the assignment

1. Text should be double line spaced and fully justified;

2. Footnotes, appendices and indented quotations should be single line spaced;

3. Pages should be numbered using Arabic (1,2…);

4. Times New Roman 12 point font should be used.

5. One-inch margins should be used

The front page should include the title of the assignment, student’s name and matriculation number, word count, and the following declaration signed by the student:

“This piece of coursework is our own and original work and has not been submitted elsewhere in fulfillment of the requirements of this or any other award”.

You are expected to use the Harvard system for citing and referencing in line with the universities guidelines available through the following link:

http://www.gcu.ac.uk/library/subjecthelp/referencing/harvardreferencing/.

Please read the University guidelines concerning plagiarism. These rules will be strictly applied. See http://www.gcu.ac.uk/library/smile/plagiarismandreferencing/plagiarism/ Investigate the causes of the crisis and document the trend in key economic indicators, such as, balance of payments, the exchange rate and foreign reserve holdings

Submission

Completed work should be submitted ONLY via the Turnitin Assignment on this module’s GCULearn. As part of its commitment to quality and the maintenance of academic standards, GCU operates the plagiarism detection service "TurnItInUK". This assignment, as well as some information about you, will be submitted to the service. Critically discuss the pros and cons of European Monetary Union 

Work not submitted via Turnitin will be treated as a non-submission, even if a paper copy has been submitted.

In accordance with University Assessment Regulations, late submission may not be marked unless you have agreed with the Module Leader an extension prior to the deadline. In extenuating circumstances, submissions after the deadline should be accompanied by a MITs and the necessary supporting evidence.


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