The question required the student to write a research paper determining the Philosophical Impact of Social Contract Theory. Specifically, the student needs to pay close attention to Rousseau's social

Exchange rate

_IN ABOUT 1000-1500 WORDS, WRITE A WELL-RESEARCHED ESS_

FOR ANY DEVELOPING COUNTRY, ANALYZE ITS EXCHANGE RATE SYSTEM AND ALL

RECENT DEVELOPMENTS IN ITS EXCHANGE RATE POLICIES. USE THESE TO ANSWER

THE FOLLOWING QUESTIONS IN YOUR WRITING:

* What are monetary and fiscal policy implications of the exchange

rate system adapted by the selected country?

* What is the devaluation history (dates) of the selected

country? Have past devaluations achieved the targeted economic

objectives?

* How trade has performed in the selected country post-devaluation?

* What are your views on ensuring better BOP-NIIP outcomes of this

country?

After searching the history of exchange rate regime in your selected

country, you explain conceptually about efficacy of each exchange rate

system (fixed, floating and pegged) and its implication on monetary

policy and fiscal policy. Next discussion should be on devaluation,

its objectives and situation analysis post devaluation. Answer all

questions above.