International Currency

Benjamin Cohen presents the importance and meaning of behind an international currency.

Question . Please pick one of the three currencies analyzed and explain IN DETAIL in a well-organized and well-elaborated essay:

if you chose the US dollar: What explains the undiminished power of the US dollar?
if you chose the euro: What explains that the euro is not become the expected international currency?
if you chose the yuan: What is missing for the  yuan to become an unstoppable international currency?

According to the authors, what are the policy options available to respond to currency manipulation and deter currency conflict?
Please list them all, then pick and explain TWO:
Make sure you explain the policy and how it works or should be implemented.

The uploaded materials will help you answer the questions. Currency Conflict and trade policy will answer the first question and Currency Power and Understanding will will answer the second question (Pick one of three currencies)

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