Using the library or electronic resources, obtain the monthly exchange rates for the last five years for the U.S. dollar versus (1) the Japanese yen. (2) the German mark. (3) the British pound, and (4) the Mexican peso. Prepare a chart, with time on the horizontal axis, showing the exchange rates for the five-year period.

\section*{Questions for Discussion}

a. Has the dollar strengthened or weakened during this time against each of the currencies?

b. What major economic or political factors could have caused the changes in the four foreign currencies' exchange rates versus the U.S. dollar?

c. Select one major factor from part \(b\). for each currency and present an argument showing how a change in that factor could cause the change in the exchange rate.