Summaries the history of the exchange rate regime of the United Kingdom.Discuss 3 relationships that describe the behaviour of exchange rate (CIP, PPP, IFE).What is required is an estimation of PPP for the 2 countries chosen (UK and US).*Assessment criteria
*Appropriate structure and consistency/logic
*Good presentation
*Reasoned argument and conclusion
*Scope of research
*Originality
*Critical analysis
*good referencingG