FIN 336 Milestone Three RubricIn Module Five, we are investigating why governments try to intervene in the currency market to keep values of their own currency low

FIN 336 Milestone Three RubricIn Module Five, we are investigating why governments try to intervene in the currency market to keep values of their own currency low. This practice is used topromote the sale of goods to other countries and create additional exports. Here, the purchasing company views the lower value of the foreign currency as abargain for purchasing goods because the lesser value purchases a larger quantity. In expanding the research and knowledge of the ongoing relationship between the United States and China, write a paper to summarize currency marketintervention and decide whether this is a useful tool. Explain your rationale.Cite an example of how intervention has been used to benefit either of these countries and the circumstances surrounding this intervention. Did theUnited States or China succeed in their efforts? How is this known? Overall, do you believe this was a beneficial choice for the government and country?What data is your opinion based upon? Requirements of Submission: This milestone must follow these formatting guidelines: double spacing, 12-point Times New Roman font, one-inch margins, anddiscipline-appropriate citations. This paper should be a minimum of 2 pages in length in addition to the title and reference pages. The APA style format must beused when citing and referencing information provided. Provide your name, course number, a title to the paper, and headers and footers where applicable.This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information, review these instructions. Instructor Feedback: Students can find their feedback in the Grade Center as an attachment.Critical ElementsCurrency MarketIntervention Intervention Exampleand Data Analysis Exemplary (100%)Meets Proficient criteria andthoroughly explains rationale,summarizing currency marketinvention as a useful tool, withsupporting citationsProvides in-depth analysis thatdemonstrates complete andthorough understanding of howcurrency market interventionhas been used to benefit eitherthe United States or China Proficient (85%)Explains rationale, summarizingcurrency market interventionas a useful tool, withsupporting evidenceProvides analysis thatdemonstrates understanding ofhow currency marketIntervention has been used tobenefit either the United Statesor China Needs Improvement (55%)Explains rationale, summarizingcurrency market interventionas a useful tool; however,explanation has some gaps andmisinformationProvides analysis thatdemonstrates someunderstanding of how currencymarket intervention has beenused to benefit either theUnited States or China;however, data used is incorrector may have some gaps andmisinformation Not Evident (0%)Does not explain currencymarket intervention as a usefultool Value35 Does not provide analysis ofhow currency marketintervention has been used tobenefit either the United Statesor China 35 Critical Thinking Writing(Mechanics/Citations) Draws insightful conclusionsrelating to currency marketIntervention as a useful tooland how it is used to benefiteither the United States orChina, with supporting citations No errors related toorganization, grammar andstyle, and citations Draws informed conclusionsthat are justified with evidencerelating to currency marketIntervention as a useful tooland how it is used to benefiteither the United States orChina, with supportingevidenceMinor errors related toorganization, grammar andstyle, and citations Draws logical conclusionsrelating to currency marketIntervention as a useful tooland how it is used to benefiteither the United States orChina, but does not defendwith supporting evidenceSome errors related toorganization, grammar andstyle, and citations Does not draw logicalconclusions or evidencerelating to currency marketIntervention as a useful tooland how it is used to benefiteither the United States orChina; does not defend withevidenceMajor errors related toorganization, grammar andstyle, and citationsEarned Total 20 10 100%

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