Please, write a discussion post about the Topic/Statement attached (500 words). Please use 2 of the citation sources provided. Thank you!
Please, write a discussion post about the Topic/Statement below (500 words) Topic/Statement: Debate the relative pros and cons of a fixed V a floating exchange rate system. From the perspective of a multinational business, what are the most important criteria in a choice between them? Explain your answer in a clear and concise manner. (2 or 3 Citations needed for this discussion post) Citation sources (Please use any of the below citation sources for the initial discussion): Thiessen, G. (2000). Why a Floating Exchange Rate Regime Makes Sense for Canada. Retrieved 22 July 2018, from https://www.bankofcanada.ca/2000/12/why-a-floating-exchange-rate/ Wiseman, P. (2016). Fact check: Does China manipulate its currency?. Retrieved 22 July 2018, from https://www.pbs.org/newshour/world/fact-check-china-manipulate-currency Amadeo, K. (2018). How China Influences the U.S. Dollar: Its Influence Is Hidden and Powerfull Retrieved from https://www.thebalance.com/how-does-china-influence-the-u-s-dollar-3970466 How Does China Control Exchange Rates? (2018). Retrieved from https://www.fxcm.com/insights/how-does-china-control-exchange-rates/ Wallace, C. (2018). China's Currency Manipulation Is A Response to Trump's Tariffs. Retrieved from https://www.forbes.com/sites/charleswallace1/2018/07/21/chinas-currency-manipulation-is-a-response-to-trumps-tariffs/#7a922fa2663b Coy, P. (2017, October 20). Floating Exchange Rates Can Cause Big Trouble. Retrieved from https://www.bloomberg.com/news/articles/2017-10-20/floating-exchange-rates-can-cause-big-trouble. Difference between Fixed vs. Flexible Exchange Rate System. (2015, August 18). Retrieved from http://www.economicsdiscussion.net/difference-between/difference-between-fixed-vs-flexible-exchange-rate-system/617. Lewis, N. (2016, November 07). Fixed Or Floating? Maybe Our Monetary Choice Is That Simple. Retrieved from https://www.forbes.com/sites/nathanlewis/2016/11/07/fixed-for-floating-maybe-our-monetary-choice-is-that-simple/#19af55d83b89. Fixed Exchange Rate. (2018, April 30). Retrieved from https://www.investopedia.com/terms/f/fixedexchangerate.asp What is best for international business: Fixed or Floating Exchange Rate Regime? (February , 2013). Retrieved from https://buildandbattle.wordpress.com/2013/02/04/what-is-best-for-international-business-fixed-or-floating-exchange-rate-regime/ What is floating exchange rate? definition and meaning. (n.d.). Retrieved July 18, 2018, from http://www.businessdictionary.com/definition/floating-exchange-rate.html Davidson, P. (2003). Are fixed exchange rates the problem and flexible exchange rates the cure? Eastern Economic Journal, 29(2), 259. Retrieved from https://saintleo.idm.oclc.org/login?url=https://search-proquest-com.saintleo.idm.oclc.org/docview/198158918?accountid=4870 Kenen, P. B. (2000). Fixed versus floating exchange rates. Cato Journal, 20(1), 109-113. Retrieved from https://saintleo.idm.oclc.org/login?url=https://search-proquest-com.saintleo.idm.oclc.org/docview/195591393?accountid=4870 Gagnon, J., & Hinterschweiger, M. (2011). Flexible exchange rates for a stable world economy. Washington, DC: Peterson Institute for International Economics