During recent decades, some major economies (regions), including Japan, the Eurozone, and a few other countries have adopted zero and then negative interest rates; a historically unconventional policy response. This assignment requires you to investigate and develop an essay on Japans zero and negative interest rate policy and the implications for its currencys value. In this essay you need to explain why any noticeable volatility in the currencys exchange rate against the US dollar occurred with adequate reference to knowledge learnt during the course. You need to cite appropriate references from academic journals, government announcements, newspapers, institutional reports, etc., to support your points.
All applicants go through a series of tests that check their level of English and knowledge of formatting styles. The applicant is also required to present a sample of writing to the Evaluation Department. If you wish to find out more about the procedure, check out the whole process.