澳洲论文代写：货币兑换
澳洲论文代写：货币兑换
本文讨论了一种确定两种货币之间的兑换关系的模型。本文简要论述了汇率决定的灵活价格货币模型及其解释外汇流动的能力。对结果的有效性和假设的重要性进行了进一步的讨论。
汇率的货币模型一直是汇率的主要模型之一，因为它解释了两种货币的相对价格，其中相对价值是根据货币的供求关系来建模的。
这种模式的基石之一是绝对购买力平价。据此，套利将使汇率浮动，从而使两国商品的价格相等。一个国家的货币供应量会影响国内物价水平，因此汇率是根据货币的相对供给来确定的。这是灵活汇率的货币方法的另一个重要组成部分，是经典的价格决定模型。
货币模型的有效性
有人认为，该模型的有效性可以根据目的确定。上述讨论清楚地表明，这种模型在估计汇率方面存在着混合反应和结果。然而，重要的是要明白，货币模型的有效性可以说是简化了现实，即可靠性可能是小的，但可以肯定的，可以作为建立现实的假设的基础。因此，预测汇率可能是困难的，但不是不可能的，但效率可能会受到质疑。
澳洲论文代写：货币兑换
The essay discusses one of the models that have been framed to determine the exchange relation relationship between the two currencies. The essay briefly discusses the flexible price monetary model of exchange rate determination and its ability to explain foreign exchange movements. Further discussion has been conducted on the validity of the results and the importance of assumptions that is made.
The monetary model of exchange rate has been one of the dominant models in the exchange rate as it explains relative price of two currencies wherein the relative value is modelled based on the supply and demand of the currencies.
One of the building blocks of this model is the absolute purchasing power parity. According to this, the arbitrage will move the exchange rate in order to make the price of the goods in the two countries equal. The supply of money in one country will impact the domestic price level and in this way the exchange rate is determined based on the relative supplies of the money. This is the other key constituent of the monetary approach to flexible exchange rate is the classical model of price determination.
The Validity of the Monetary Model
It is argued that the validity of the model can be ascertained on the basis of the purpose. The above discussion clearly shows that there are mixed reactions and findings of this model in estimating the exchange rate. However it is important to understand that the validity of the monetary model can be said to simplifying the reality i.e. reliability may be little but certainly can be considered as the basis for establishing realistic hypothesis. Thus it may be difficult but not impossible to forecast exchange rate but efficiency may be questioned.
