Currency Depreciation

In a critical essay, evaluate the three major approaches to analyzing the economic impact of currency depreciation: the elasticities approach, the absorption approach, and the monetary approach. Compare and contrast the three approaches and provide examples which distinguish them from each other.•    Your essay is required to be five to six pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements.•    Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles•    and follow APA style guidelines.•    It is strongly encouraged that you submit all assignments into Turnitin prior to submitting them to your instructor for grading. If you are unsure how to submit an assignment into the Originality Check tool, review the Turnitin—Student Guide for step-by-step instructions.•    Review the grading rubric to see how you will be graded for this assignment.