Federal Reserve Essay Example | Topics and Well Written Essays - 1250 words

Central bank - Essay Example The Board of Governors is selected by the President who controls the elements of the Federal Reserve System. There are Federal Reserve Banks which works in significant urban communities of US. The significant targets of the Federal Reserve System are focused on the government assistance of the US economy. The Federal Reserve System in US is liable for augmenting the business openings in US, settling the costs in US economy and accomplishing steadiness in long haul loan fees (Wells 58). The money related arrangement is structured by the Federal Reserve System of US. Different elements of the focal financial framework in US incorporate guideline of the financial structure that incorporates the legislature and the private players just as the warning chambers. The national bank additionally offers money related types of assistance to other storehouse offices. The general monetary solidness of the economy of US is the duty of the Federal Reserve System. Before the Federal Reserve System w as set up in 1913, there were around 30000 monetary standards in the economy of US. Numerous business houses and even the street pharmacists could give cash notes for money related exchanges. This made a circumstance of shakiness in the economy of US. ... Aside from this, the different monetary standards in US had various sections and qualities. The nonattendance of a normalized cash made contrast and issues among the merchants. The business, imports and fares all endured because of the nearness of shifting quantities of monetary forms and nonappearances of normalized type of cash in the economy of US. The Federal Reserve System of the US was made to normalize the money of the economy of US and along these lines build up a place of solidness in the economy (Gray 98). The Federal Reserve System gives a focal financial framework to the economy of US where the business and he people could store their cash in the standard money of US dollar. The contributors could likewise pull back their cash from the Federal Reserve System at the period of scarcity. These withdrawals occurred in the equivalent normalized money of US dollars. In this way the Federal Reserve System could drive away the moderate monetary standards and their fluctuating qua lities and built up a normalized type of cash to be trailed by the clients and brokers all together give a sorted out financial framework and adequacy in liquidity. The US economy perpetually needs the Federal Reserve System in the economy without whose capacities there would be sufficient twists in the economy that would hamper the monetary development of US. This could be comprehended from the jobs and obligations of the Federal Reserve System and the suggestion on the US budgetary and monetary framework without its job. The Federal Reserve System assumes the job of adjusting between the brought together job of the administration for the government assistance of the economy and the private interests of the

Latter, not Ladder

Last mentioned, not Ladder Last mentioned, not Ladder Last mentioned, not Ladder By Maeve Maddox Andrew Chatwin inquires: Last mentioned and Ladder, how are they extraordinary? One distinction is that of articulation: last [läÆ'té™r] ladder[läÆ'dé™r] In common discourse, be that as it may, the distinction between the t and d sounds is regularly hard to recognize. Evidently different speakers are astounded by the word last mentioned. Heres an inquiry posed and replied at Yahoo Answers: For what reason do individuals utilize the expression I pick the stepping stool in the wake of looking at two choices or decisions? Also, heres the most intelligent answer as picked by voters: Gracious a great many people who state that are opportunists and they need to get to the top. In the articulation that alludes to settling on a decision between two alternatives, the word is last mentioned, not stepping stool. The primary choice is known as the previous: Father gave us our decision of the blue Mustang or the red Corvette. I picked the previous and Charlie picked the last mentioned. The word last originates from the near type of Old English laet: laetra, and implied more slow. It assumed the importance of second of two during the 1550s. Present day later came, well, later. (It additionally originates from OE laet.) The most regular utilization of last is to allude to the second of two referenced things: He was offered the piece of either Othello or Iago: he picked the last mentioned. Mormons consider their congregation the Church of Jesus Christ of Latter Day Saints since they consider themselves to be later adherents of Jesus Christ; the previous day holy people were the primary century Christians. The last days is an eschatological expression utilized by some Christian orders to allude to the days going before the second happening to Christ. One can likewise allude to a people last years, i.e., mature age. Here are a few instances of last used to mean the later piece of life: Men living longer however spend last years wiped out Remaining fit as a fiddle in Your Latter Years Stepping stool, as a thing, normally implies a versatile gadget with rungs or steps that empowers one to move up or down. The word stepping stool can likewise allude to a tear or a break in texture that takes after a stepping stool, having straight sides and crosspieces: When the basic bond at the break tip has broken, the pinnacle pressure fixation is moved to the following bond, etc, similar to a stepping stool in a silk loading. Allegorically, stepping stool is utilized to allude to the means of excelling socially or expertly: A consistent ascent up the legitimate stepping stool brought him into the business law field †¦ He sits, despondent and glad, on the stepping stool of social advancement having lost the hang on one sort of life, however neglecting to arrive at the one which he desires. Need to improve your English shortly a day? Get a membership and begin getting our composing tips and activities day by day! Continue learning! Peruse the Misused Words class, check our mainstream posts, or pick a related post below:100 Mostly Small But Expressive InterjectionsUsed To versus Use ToEspecially versus Uncommonly

The Inciting Incident Get Your Story Started the Right Way

The Inciting Incident Get Your Story Started the Right Way The inciting incident has been addressed numerous times in literary blogs and writing advice forumsâ€"to most of us in the field, the concept of the heros journey and the steps along that journey are old, and oft-repeated news. Today, well call into question some of the dubious advice offered regarding the concept of an inciting incident, and Ill put forward my idea of what the myths are regarding this element of your novel, and how you can build a better inciting incident.Not a hookFirst: your inciting incident is not your hook. There are a thousand blogs which group these two together, and that is a disservice to their readers. Though most good narrativesâ€"even slow onesâ€"have a strong hook, the inciting incident is not used to draw your reader into the novel. The inciting incident is the moment when your reader decides not to put down the novel, near the latter stages of your initial plot developments. A primary example of both a powerful hook and a strong inciting incident, can be found in the hobbit. The hook, for The Hobbit, is Tolkiens wonderful description of a hobbit hole:In a hole in the ground there lived a hobbit. Not a nasty, dirty, wet hole, filled with the ends of worms and an oozy smell, nor yet a dry, bare, sandy hole with nothing in it to sit down on or to eat: it was a hobbit-hole, and that means comfort.J. R. R. Tolkiens The HobbitThis is a hook for two reasons. It opens the novel, and it draws the reader in. It causes us to ask questions almost immediatelyâ€"and for these questions, we do not have ready answers. What is a hobbit? Why do they live in holes? Why do they value comfort? These are the things first-time readers of Tolkien might ask themselves. The same can be said of perhaps the most memorable hook of all time: Herman Melvilles Call me Ishmael from Moby Dick. Here we might ask the questions: Who is Ishmael? Is this his proper name, or only the name he goes by? If this is not his real name, then how can I trust that he will be a n honest narrator?Gregory Peck as Captain Ahab in the 1956 film adaptation of Moby DickThese are powerful hooks because they establish some of the fundamental traits of the world, and they make a reader want to turn that first page. For instance, Tolkien establishes that hobbits live tranquil, idyllic lives, comfortable lives. We know this by the end of the very first paragraph of the first page. This establishes the status quo, but it does not incite. It establishes the world wherein the story takes place but does not tell us why the story should happen.Inciting incidents disrupt the normThe inciting incident in The Hobbit is the coming of Gandalf and the thiefs mark which he etches on Bilbos door. This triggers a number of sudden changes in Bilbos life. It introduces him to dwarfs, who immediately disrupt his organized and meticulous home. It pushes him into becoming a recruit on a quest which he had previously known nothing of, and it elevates his statusâ€"he is given the title o f thief. These changes are particular to the story of The Hobbit but their nature is not. No matter the novel, the inciting incident represents the primary action which changes the protagonists life significantly enough that an interesting story can be told.It is hard (perhaps impossible) to think of a story that does not have an inciting incident. Take for instance the elevator pitch for Fight Club: A blue-collar worker becomes disillusioned with capitalist society and starts a pseudo-anarchist community. The inciting incident is when he becomes disillusioned with capitalist society. It would be impossible to tell the story without this elementâ€"the inciting incident is a prerequisite to what comes after. This is why an inciting incident can sometimes be called a turning point. The same is true of every narrative that I can think of: I challenge you to name a narrative without an inciting incident.The incident exists because stories necessitate changeIn response to the above chall enge, we might turn to narratives that begin with much of the story already toldâ€"narratives that plunge their readers head-first into the action, without explaining the particulars of the narrative before-hand. These have become typical in the modern literary landscape, so much so that slower-building narratives like those offered in Annihilation by Jeff VanderMeer have become the exception to the rule.An action-packed opening scene is not necessarily an inciting incidentStill, these action scenes in the opening of novels are not inciting incidents. They plunge us directly into the firefight, but in so doing, they establish this action-packed scene as the norm. Thus, there will exist a pause in the fighting, or an alteration in (or intensifying of) the action of the first scenes, which marks a departure from this norm, and is thus the inciting incident of that novel. By definition, inciting incidents must exist because stories necessitate change, and the inciting incident is whate ver happens in the novel which creates this change. So, why is discussion important, if writing a novel will inevitably result in the presence of an inciting incident?The good, the bad, and the uglyThough no story can function without an inciting incident, all stories benefit from addressing that incident directly and refining it so that the nature of the incident and its effects are clear to the reader. These give the narrative a strong direction. Just because every story has an inciting incident, doesnt mean all inciting incidents are created equal. So, what can we look for in a good inciting incident? I believe there are two major attributes: the relationship between the incident and the reader, and the ability of the incident to carry the plot forward.The incident should be the plots backboneA good inciting incident should fuel your plot. Some incidents provide more oil for the fire than others. For instance, compare the incident of a paper plane being thrown in class versus a f atal car crash. Each could produce a narrative. In a quiet school, either could disrupt the status quo: The first by causing a disturbance to a sedate class, and the second by creating an atmosphere of mourning in the school. Though neither is objectively better than the other (we can tell a good story with both), the fatal car crash is, in most cases, subjectively more impactful.A good inciting incident is one that fuels your plotFor this reason, consideration of your inciting incident can be grouped with consideration of your plot. If we choose a tragic inciting incident, then the resulting narrative will be working against the tone established by that incident. A comedy, for instance, will have an uphill struggle against the inciting incident of a fatal car crash, whereas a horror or tragedy will be complemented by the incident. Of course, this is an oversimplification, and contrast or attention to the incident could paint it in a drastically different light. For instance, the ca r crash could be darkly humorous in a story about a student coming to class as a zombie. In any case, the incident should fuel the plot and give the writer room to tell a story, and it should shift the tone of the story noticeably.The incident should be closely tied to the narrativeFinally, in good literature, all elements of a narrative support the themes of that narrative. If it is at all possible, the same should hold true of an inciting incident. Though you could theoretically use any moment as your inciting incident, there is more power in using thematically linked elements. For instance: If your narrative will address the issue of poverty, then the loss or inheritance of a great deal of money could serve as a strong turning point. By contrast, if you intend your narrative to address the issue of poverty, then a fatal car accident is less likely to accomplish this goal, and will usually not accomplish this goal as authentically. The reverse, of course, might be true of a story where the central theme is coping with personal tragedy, where a fatal car accident might motivate a character towards introspection.Dread it, run from it, it still IncitesThere is perhaps some form of experimental fiction wherein an inciting incident is not of primary importance in a narrativeâ€"where it is obscured, or possibly even where it is absent. Still, for most fictional narratives the inciting incident is worth time and attention to detail. It is inevitableâ€"your narrative must contain some form of conflict, and the inciting incident provides this conflict by disrupting the status quo. Embrace the chaos this causes. Rather than a subtle inciting incident, consider a cataclysmic event that drives characters to their extremes.Finally, remember that an inciting incident causes change and disrupts the status quo, but that this new reality can become a new status quo, and the secondary arc of your novel may require a new inciting incident to stay fresh. If the first inciting i ncident was the rise of the dead, then perhaps a new inciting incident is necessary to disrupt the status quo and create new tension or lead toward new characterization. If you feel your work is dragging like AMCs The Walking Dead (pun intended), then consider introducing a new inciting event and following through with a new story arc.

Womens Suffrage Biographies Key Activists

Best Tactics For Human Rights - 995 Words

Outstanding Tactics For Human Rights Protection The utmost desire of a common person is to live where he can enjoy freedom of speech and belief without fear of suppression, and enjoy equity and dignity without any humiliation or assault. The much used and abused term today is Human Rights. The term is used to protect Human rights as well as destroy it. I am not Human Rights Professional, however, I believe that Human Rights should be applied into the society as a natural rule, and the law should be applied as a protection only as a last resort. Through the fruitful ideas resulted from discussions and arguments demonstrated in the workshop organized by the Centre for Human Rights where I participated in, I can say that there are many methods used in Minneapolis that apply in the field of human rights have a tremendous impact in raising awareness among citizens of their rights and hold off victims’ oppression and compensate them psychologically, emotionally and physically, I recall most notably tactics which were applied in the abovementioned workshop, as follows: (1) Prevention: Prevention is one of the most important tactics that is used in Minneapolis’ organizations and NGOs. Prevention is the approaches that happen before violence occurs to eliminate any circumstances or conditions for violence against Human rights. It also may be the response that take place after the violence occur immediately. It is also the long term response to the continuing consequencesShow MoreRelatedAn Article On Drone Strikes1157 Words   |  5 Pagesthe premeditated plan behind the action, was it right or wrong, unassociated to the consequences. Therefore, if actions are not based on consequences, Kant’s theory would support the argument that using drone tactics to eliminate terrorists is morally unacceptable, for the following reasons: the U.S. military is using drone tactics against terrorist without their approval, and innocent lives are being taken at the push of a button. As humans, our moral duty is to treat people in such a wayRead MoreWhat Is Customer Service Agent? An Hr Manager?1527 Words   |  7 Pagessupervisors in employing the right applicants (Competency Modeling Job Analysis, n.d., pp. 1-2). The task-oriented and human relations methods are the best appropriate and the most ordinarily used tactics. It helps the supervisors in reassuring themselves that they employ the right personnel, which can increase worth to the business and have a progressive influence on the whole performance of the business (H. Canan Sumer, n.d., pp. 2-3). The human relations tactic for a customer service representativeRead MoreJustice Is The End Of Government Essay1363 Words   |  6 Pagesthe true perpetrator. Even worse, citizens frequently have no knowledge of their rights, including a class of citizens who are mentally ill. Mentally ill citizens are inept to many social skills in life and can be manipulated effortlessly. While investigators aggressively pursue a confession, for an easily attainable conviction, of mentally ill citizens, they lack the training necessary and use legal, persuasive tactics that deceives the citizens and results in a false confessions. 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I like having control in most situations, whether leading a team athletically or in decision making, I like to be the one making the calls because I trust myself more than others in doing a particular task the right way. I have heard on occasion (mostly from women) that I can be rude in the way I say things if they didnt know me better. I hate being taken advantage of and like to pride myself in sniffing out a bad deal, or fuzzy logic. However, if I am givenRead MoreEssay Philosophies and Tactics of Dr. King and Malcolm X1492 Words   |  6 PagesDuring the mid-1900s, the Civil Rights Movement was a crucial part of the United States’ growth. Many men and women both black and white contributed to the development of rights for A frican Americans and other minorities. Among them, Martin Luther King and Malcolm X had an everlasting effect on the treatment of minorities in the United States. Although their philosophies and tactics differed greatly, Dr. Martin Luther King Jr. and Malcolm X helped shape the Civil Rights Movement and make the UnitedRead MoreClient Interaction Strategy795 Words   |  4 PagesThis essay will address several tactics that will assist the consultant with an interaction strategy to communication effectively with different members of Kudler Fine Foods. The first tactic is to identify the main players in the change initiative. Next discuss the dynamic of power and leadership in the organization. Then, describe how to leverage the existing power structure to facilitate different phases of the change initiative, and last explain the influence tactics that may be used with whom,Read MoreA Campaign Against Kfc961 Words   |  4 Pages1) I personally do not support KFC Corporation or Peop le for the Ethical Treatment of Animals in this controversy. 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Is It Better to Study in Arts or Science Stream Free Essays

Question: Is it better to study in Arts or Science stream? Discuss Nowadays, the level of education is very important in an individual because the world is rapidly developing and required people to have high intellectual capabilities in order to cope with the development. Art and science streams are two fields that offer jobs in many countries in this world. People question that art stream people are usually better in social skill and they help a lot in boosting the economy of a country. We will write a custom essay sample on Is It Better to Study in Arts or Science Stream? or any similar topic only for you Order Now Others, however, believes that science stream have more stable pay and contribute a lot in humanity apart from financial benefits. Firstly, people in art streams tend to socialize more with people as their field usually need them to work with other people in order to ensure the success of their career. Communication skill also can be developing as they communicate with others a lot. For instance, in business field, businessmen or businesswomen need to meet their clients to discuss about their business progress. This required them to have good communication skill to make sure the clients can have a clear view about the business in which they are working. Business professions also make the entrepreneur to meet new people and make friends with them as business professions requires them to explore a lot and not to do the office works only. This will open their mind towards new things that happen around the world. Next, the arts and creative industry has the potential of generating high income and making the Malaysian economy more dynamic or boost industry economy, whereby in 2008 from Malaysian statistics, it contributed RM 9. billion, besides providing many jobs available. Realizing the importance of this industry, the government has allocated millions for the Creative Industry Fund to finance activities like arts, film and drama production, music, animation, advertising and developing local content. The funding in the form of loans is managed by financial banking. The development of countries such as Singapore and even the US has been helped greatly by arts and creative industry to boost their economy. An additional point is that the influx of foreign investors can put pressure on services such as marketing, and these costs can be used to increase the production in arts and creative industry. Besides that, with participation of private companies, government linked companies and involvement of investors from many countries; it can ensure that the Malaysian creative product brand names are accepted in the local market and able to compete at the regional and international levels through continuous promotions. All these factors can result in boosted of economic for the government. On the other hand, science stream have variety scopes of learning such as the biology, chemistry, physical and many more. With this different kind of learning, the opportunity of jobs becomes wider. In comparison with the art stream, one with the knowledge of biological studies can even work in engineering field even though they are in different fields. Furthermore, jobs in this stream have more stable pay instead of the art stream. The definite example is the work of a doctor. They receive same payment for every month either they work for the whole month or simply for sometimes. They can also live their life happily without even worried about having shortness of money in this develop country. In addition, this field of study contributes to humanity in many ways. In medical field, the new discovery of various drugs and treatment methods helps to increase the lifespan of humans. Justice can be served through forensics as samples collected from the scene of crime can be traced to any perpetrators. Biotechnology and genetic engineering have the potential to make stem cells transplant a success in the near future. Engineering provides humans with the latest and trendiest technology with the aim of making life more comfortable. Last but not least, research by scientists help to confirm any suspected hypothesis such as gravity and effectiveness of antibiotics. There are equal advantages in studying arts and science field. Hence, this solely depends on different individual’s interest and attitude. One may argue that science stream provides a stable pay but if one is not interested in that field, it brings no meaning at all in studying that particular field. Likewise, if one is motivated and inspired to succeed, it does not matter which field he is studying because regardless of science or arts stream, as long as he is has the motivation and interest, he is bound to succeed. In a nutshell, interest and attitude play an important role in determining which field is more suitable for one’s choice of study. How to cite Is It Better to Study in Arts or Science Stream?, Papers

Currency Depreciation on Financial Performance †MyAssignmenthelp

Question: Discuss about the Currency Depreciation on Financial Performance. Answer: Introduction: 21st century is the era of internationalisation, where countries are getting attached with each other for mutual economic development (Altback and Wit 2015). For instance, Australia being one of the developed nations performs substantial amount of trade with the countries like UK, US and others (Cooper 2014). In order to shape the economy of the nations, international trade, plays an important role through determining the level of future growth. Exchange rate, on the other hand being the comparative value of domestic currency against the foreign currency takes a vital role in order to determine the flow of international trade. When it comes to Australia, then it can be seen that the country has a moderate exchange rate compared to the US dollar that makes it one of the stable economy in the world(Gabaix and Maggiori 2015). Determining the exchange rate is one of the toughest jobs due to eve evolving market scenario, however, over the period researchers has came with various solution (Corazza and Malliaris 2015). Among many, supply and demand framework can be considered as the simplest yet effect tool to determine the foreign exchange rate market. (Gilpin 2016) According to the given requirement for this task, below is the analysis of Australia US exchange rate through supply and demand framework as shown in figure 1: The figure below highlights the demand and supply framework of Australian exchange rate, where the demand curve D is drawn, which is based on the derived demand of the Australian goods and services. On the other hand Supply curve S in figure 1, has been drawn considering the importable aggregate demand (Caballero, Farhi and Gourinchas 2016). Let the initial equilibrium takes place at point E, where the AUD/USD exchange rate is 80C USD against every unit of AUD and the AUD demand is Q. Now if there is rise in the demand of the AUD to the US citizens, then it will shift the demand curve D to rightward D1 position. At D1, equilibrium occurs at E1, where the AUDUSD is hypothetically as high as 81C USD for each unit of AUD. On the flip side, if there is fall in the demand of AUD to the US citizens, then it will lead to fall in demand from D to D2. At the new demand situation, equilibrium occurs at E2, where AUD hypothetically fell to 77C USD for each unit of AUD. Thus, depending upon the demand and supply framework, AUD/USD exchange can easily be explained as well the factors that can alter the same (Jammazi et al. 2015) Considering the explanation of foreign exchange rate scenario of the Australia US trade, it can be stated that Australia is one of the developed nations that follows the flexible market system (Wiedmann et al. 2015). Under various circumstances foreign exchange of Australia can get altered and supply and demand can point those factors easily. Factors that can lead to the fluctuation in the Australian dollar are as follows: Inflation rate with rise in inflation rate, there will be reduction in the demand of Australian dollar to the US citizen. Lowered demand will lead to fall in exchange rate on behalf of the Australia and it will cause depreciation of the Australian currency (Weale et al. 2015). Interest rate with change in the interest rate, there will be change in the foreign investment in the Australian bank, which in turn can lead to alteration in the foreign exchange of the Australian dollar. If the interest rate gets higher, then it would cost rise in exchange rate of AUD in terms of USD (Engel 2014). On the other hand a fall in interest rate will lead to depreciation of the AUD in terms of the USD. Growth rate with better gross prospect Australia can have their AUD appreciated in terms of the USD. Better growth will lead to rise in capability and stability of the nation and it will reflect on the US investors mind too. With better growth prospect, Australia can provide a positive outlook on the foreign investors, which will inherently appreciate the AUD. Nominal exchange rate can be acknowledged as the domestic currency number needed have a unit of foreign currency (Eichenbaum et al. 2017). If there is rise in nominal exchange rate, then it will lead to nominal depreciation and if there is fall then it will be nominal appreciation. Trade Weighted Index (TWI) on the other hand is one of the the multilateral exchange rate calculated through weighted average to domestic currency and foreign currencies utilising the average trade values between two countries (Caselli et al. 2015). Nominal exchange rate of figure 2 highlights the real AUDUSD exchange rate scenario. From the diagram it can be seen that there has been various ups and down in the nominal exchange rate between the two countries. AUDUSD nominal exchange rate hit its lowest during mid of 2015 due to recession in the US market (Jung and Kuester 2015). And next to this, nominal exchange rate of Australia has been trying hard to stabilise itself. From the upward sloping nominal exchange rate line it can be said that, present rise in iron ore demand and slump in the USD is leading the AUD to rise. Highlights the TWI of the Australia that highlights over the time there has been various fluctuations caused by the alteration in trade between two countries. During September of the 2015, there has been lowest amount of trade between the Australia and US due to recession in the US market and since then the trade has been rising between these two countries (Deutsch 2015. Post recession of 2015, it can be seen that there has been a rise in the TWI and presently with higher trade value between two countries TWI is tending towards a better future, highlighted by upward sloping TWI in the figure 3. Given article highlights various driving forces that can alter the AUD exchange rate in terms of the USD. The article initially highlights that there is rise in the AUD in terms of the USD, due to the recent slump in the USD (Ismail 2018). In addition to this recent rise in the export of the Australian tech metals has enhanced the countrys exchange rate in terms of the USD, however, once the mining boom is over and the USD get back to its strong position, then AUD will again slit back to the 70C bracket. In addition to this, the article has highlighted that Australian mining market is facing boom, however soon Chinese iron industry boom will constrain the same leading to fall in the AUD in terms of the USD (Gauvin and Rebillard 2015). The report additionally highlighted that there is fall in the Fed rate, which is causing a reduction in the investment in US banks, and a rise in investment of the Australian banks. Once the Fed starts to raise the interest rate, it will dry up the AUDU SD exchange rate again, as asserted by the given report. It can be seen that hypothetically Australian exchange rate demand and supply comes at equilibrium at point E, where the exchange rate is Ex and the quantity demanded of the AUD is Q. Now if there is rise in interest rate or country face growth due to expansionary fiscal policy, then it will lead to higher AUD demand to the US citizens. Higher demand will shift the initial demand curve D to D1 leading to rise in exchange rate from Ex to Ex1. On the other hand, if the AUD gets depreciated in terms of the USD, then it will lead to fall in the demand of the AUD, shown in the diagram by D2. At D2 demand curve, equilibrium occurs at E2 point, where the exchange rate is Ex2. So, it is clear that factor explained in the given article can easily be explained with the demand and supply framework of exchange rate (Feenstra 2015). If there is depreciation of one currency in terms of the other currency, then has both the positive and dark side. For instance, if there is depreciation of the domestic currency in terms of the foreign currency, then it would lead to better export for the domestic country (Cole and Nightingale 2016). With lower price of the domestic goods and services, foreign individuals will prefer to opt them at higher quantity, which in turn will lead to rise in the export and enhanced Balance of Payment for the country (Gabaix and Maggiori 2015). On the other hand, domestic investors or importer will face loss because there importable of buyable will become costlier with depreciation of the domestic currency with respect to the foreign currency. Considering this general economic framework of depreciation of domestic currency, being the manager of the firm that import electrical machinery, it can be said that the firm will face loss. With AUD became depreciated in terms of the USD, firms importa ble will become costlier, which will lead them to rise price. With higher price demand will fall, which will force them to price rise again (Mbogo 2015). The cycle will continue until there is equilibrium in demand and supply situation takes place for the importable. Whatever the equilibrium is, with lower AUD in terms of USD, importer will face loss and on the other hand here will be rise in export. Higher export will enhance the Australian balance of payment, which will ultimately lead to better off to the Australian economy. If the Australian dollar stabilise around 72C USD for each AUD, then various corrective measure can be taken by the Australian reserve bank to bring the AUD back to the 80C mark. Australian economy is growing at a stable 6.9% annual growth rate, however recent reduction in the Australian iron ore demand is leading to fall in the AUD in terms of the USD (Weale et al. 2015). This has effectively reduced the AUD exchange rate because Australian mining sector provide a substantial part to its GDP. In addition to this, it has been seen from the given article, there is a widening gap in Australian and US interest rate (Ismail 2018). With interest augmentation of the Fed by US, Australia can soon loss some amount of foreign investment, which will lead to fall in AUD exchange rate (Hofman et al. 2016). Thus as the corrective measurement to bring he AUD to 80C USD, Australian government need to utilise the tech metals export boom and additionally go for the export promotion. It will constrain the Chinese iron ore boom and help the Australian iron ore to insert into the US market . Next to this, Reserve Bank of Australia needs to enhance the interest rate, which will lead to rise in AUD through higher foreign investment. Above mentioned steps can certainly bring in the AUD to its desired position, however when it comes to the reasonability of the policies, then it is subjective in nature. As mentioned by the Gantz (2016), there is both good and bad side of domestic currency appreciation in terms of the foreign currency. For instance, if the AUD gets appreciated, then it will lead to rise in the import, which in turn will cause a reduction in Balance of Payments of the country. Moreover, Australia under the AUSFTA pact cannot bring in import substitution to gauge the rise in import from the US. In addition to this if the Reserve Bank of Australia takes steps to enhance the interest rate, then it will lead to fall in market liquidity, which will further escalate into reduced demand (Bramble 2015). Thus, it is highly questionable, that whether the aforementioned strategies can be a reasonable economic policy or not. However, if the Australian government can take corrective measure in the form of import substitution, technology generation and export promotion, then it will certainly make the above mentioned strategies an effective policy for appreciating the AUD in terms of the USD. Reference: Altbach, P.G. and De Wit, H., 2015. Internationalization and global tension: Lessons from history.Journal of studies in international education,19(1), pp.4-10. Bramble, T., 2015. The Australian economy after the mining boom.Red Flag. Caballero, R.J., Farhi, E. and Gourinchas, P.O., 2016. Safe asset scarcity and aggregate demand.American Economic Review,106(5), pp.513-18. Caselli, F., Koren, M., Lisicky, M. and Tenreyro, S., 2015.Diversification through trade(No. w21498). National Bureau of Economic Research. Cole, D. and Nightingale, S., 2016. 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