Using the Library Information Resource Network (LIRN), JSTOR, or any other electronic journal database, research eight (8) peer-reviewed articles that can be used to answer the below assignment. Your discussion should summarize the articles in such a way that it can justify any arguments you may present in your below assignment and should be different from the abstract. In addition to your researched peer-reviewed article, you must include an example of the article researched as it is applied by industry (company, business entity, and so forth).
Please note: This article summary should not be the only article researched for your below assignment. You may (and should) have several other articles researched to fully answer your below assignment. The concept of this DQ is to allow students to be proactive in the research necessary to complete this assignment. You may use your article summary, partially or in its entirety in your below assignment.
Important: Please ensure that your reference for the article is in correct APA format, as your reference in your discussion post. Depending on which electronic database you use, you should see a “Cite” selection for your article. In addition, there should be a variety of articles summarized and as such, students should have different articles summarized. Your summary MUST include ALL of the following in your DQ post (include every item in the bullet list below, or you will not receive full credit):
Do these in order:
- In correct APA format, write the Reference of the article.
- Clearly state what the article is about and its purpose.
- Describe how you will use it in your upcoming assignment.
- Repeat for a total of eight (8) peer-reviewed sources.
Please study the history of international financial activity from 1960 up to the present. You will see the expansion of international banking, you will see that multinational corporations can buy Thai Baht in the branches of Citibank in São Paulo, Brazil. You will discover that an American bank located in London accepts a deposit denominated in Japanese yen from a Swedish corporation, or to lend Swiss francs to a Dutch manufacturer.
Please write a minimum of four pages APA formatted paper that includes the following:
A graph that shows the trend of international financial activity from the 1960s up to now.
Explain and demonstrate in quantitative formatting the economic reasons for this trend regarding:
- The growth of world real GDP
- The expansion of international business by developing and underdeveloped economies.
- The world’s need for liquidity
- The expansion of global business
- The expansion of international banking
- Offshore Banking and Offshore Currency Trading
- Whatever other reasons you might find appropriate such as constant current account deficit in the USA
Provide in-text citations and explain them in detail.