Describe the role of the international financial system in international trade

The role of the international financial system in international trade

Unit Exercise 4On successful completion of this assignment, students should be able to:

• describe the role of the international financial system in international trade, specifically with respect to exchange rates, and
• describe the factors that help determine, and the methods of managing, exchange rates.

Exercise QuestionHas the recent decline in the US$ been beneficial for Canadian companies exporting to the US? If not, explain why not, using data or recent company examples to justify your argument.
Write 500 words (+ 50 words) using APA style format to answer each of the following questions: six exercises worth 5% each, posted in their corresponding . Each report should comprise of an introduction, analysis, and a clear conclusion.