How does someone write an exchange rate essay? I haven't seen many good examples online
tbh depends on what type of exchange rate question. if its like "impact of changes in global eco on exchange rate and au eco gr" (which was the one in my trial), i structured it as - Intro (talk about recent trends and past trends e.g. floating of the ER 1983, and recent appreciation of the aud (0.80) due to conditions in the US and a higher TOT than forecasted. introduce main points obviously) then in my first Body i talked about -
fluctuations in the BOGS --> fluctuations in ER and growth, chinese demand for our commodities in mining boom underpinning stron appreciation of record high $1.1 USD, talk about composition of trade and how changes in other countries lead to changes in demand for our exports. ToT
2nd Body - Globalisation and low global i.r. --> fluctuations in ER and growth so talk about interest rate differentials, carry trade, investment and trade flows opened up
and then conclusion. Of course i talked about these in depth with graphs and more stats (like j curve in body 1). but ye got a pretty decent mark for this (17), just should of talked more about eco gr.
Note: this structure would strictly be for a "causes" ER essay, not an "effects" ER essay. For an effects essay youd talk about what fluctuations in the ER lead to i.e. talk about international competitiveness and dutch disease, inflation and bogs (not too sure about this one)
