Based on your own Internet research, track the changes

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ECN 450 Topic 7 Discussions GCU

ECN 450 Topic 7 DQ 1

Based on your own Internet research, track the changes in the Euro/USD exchange rate since the Euro was launched in 2002. Which currency has appreciated and which has depreciated over the past 13 years? Provide two reasons why this has occurred.

ECN 450 Topic 7 DQ 2

Based on information retrieved from the latest Economist Big Mac Index:

1. Choose one country that has an undervalued or overvalued currency and explain a possible reason for this.

2. Supply a counter response to a fellow student regarding the previous questions and provide your reason for why that country’s currency is under or overvalued.

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