International Economics: the Chinese Yuan and the US $

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Outline for the international economic In the next ten years, the Chinese Yuan might replace the US$ as a reserve currency. Will this stabilize global currency markets and avoid the crises of recent years? Discuss. Abstract 150 words Introduction – explain how I am going to discuss the assignment. 350 words Main body 4000 words • The history of (Yuan) since 1970 round 500 words • The history of USA $ since 1940 around 500 words • Compare both currencies 250 words (Descriptive) What the reserve currency is 500 words (Descriptive) Analyze the models that are used 1000 Words (Analysis (of literature)) Use the economy model by seeing what they might look like in the future at least 2 and you can use 1 graphs as a model there is one in that way . 500 Words Will this stabilize global currency markets? (Analysis) 500 words See what would have happened, with the crises if the Yuan was in place instead of the Dollar 750 words (Analysis) Conclusion – give opinion and what’s my summery for the question 500 words Bibliography At least it has to have 20 books and journals (websites only for charts) Not’s for the essay : 1-focusing future. You have to explain why the dollar is global currency, give maybe some historical background (e.g Bretton Woods) Analise exchange rate, foreign reserves, liquidity and so on. Compare both currencies Dollar and Yuan. And when you present those factors you can start forecasting what can happen in future. 2- please make sure you will use graphs and diagrams with some explain for them 3- in some positions you have to use the arguing method between authors about some questions what I have written .
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