Order 606005: Unit 5

Unit 5

Assignment

Should the world consider returning to a fixed exchange rate system? What would be the advantages of such a system? What would be the disadvantages? Do you think the European Union's single currency (fixed exchange rate system) is going to survive? 

Readings

Globalization and its Discontents by Joseph Stiglitz, Norton Press, 2002. (Begin reading)

From Real World Globalization, 8th Ed., edited by the Dollars and Sense Collective, 2004:

· Chapter 3, Article 12, “What Causes Exchange Rate Fluctuations.”

· Chapter 3, Article 14, “The Decline of the Dollar System.”

YOU MUST READ ALL OF THE ASSIGNED READINGS