Define the base and foreign currencies and Utilise at least one quantitative method to model, explain and forecast the exchange: Economics Assignment, UOL, Ireland
| University | University of Limerick (UOL) |
| Subject | Economics |
i. Define the base and foreign currencies.
ii. Utilise at least one quantitative method to model, explain and forecast the exchange rate between the base and foreign currencies defined in Part i.
iii. Demonstrate the method(s) you adopt, including – the economic theory behind the methodology, assumption(s), advantage(s), and limitation(s).
iv. Explain whether you anticipate the foreign currency to appreciate, depreciate or remain relatively stable in the short-term and long-term.
v. Outline any limitations in your conclusion regarding your anticipation in Part
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