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I don't even know where to begin with this. I know I'm posting with a tight deadline but I forgot I had this, and I

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I don't even know where to begin with this. I know I'm posting with a tight deadline but I forgot I had this, and I only need the introduction. Below is the synopsis of the assignment and attached is the rubric. Again, for this assignment I only need the introduction but please pay attention to the rubric as the teacher is very strict about following it.

In Milestone One, you will submit a draft of the Introduction (Section I) of Final Project II. You will identify the foreign country you have chosen and explain how its central bank was established; its financial structure; and the role it plays, along with the Federal Reserve, in the process of financial intermediation.

image text in transcribed ECO 306 Milestone One Guidelines and Rubric Overview: In Final Project II, you will write an informative research paper comparing and contrasting the structure and operation of the central bank of the United Statesthe Federal Reserveand the central bank of another country, chosen from the provided list below. Prompt: For this milestone, identify a foreign central bank you wish to study from the list below and explain how it was established. Then, describe its financial structure and explain the role it has in the process of financial intermediation. Central Bank of Ireland Central Bank of Iraq Bank of Canada Reserve Bank of India Bank of Japan Reserve Bank of New Zealand Central Bank of Syria Central Bank of Brazil Central Bank of the Russian Federation Specifically, the following critical elements must be addressed: I. Introduction A. Identify the foreign country you have chosen and explain how its central bank was established. B. Describe the financial structure of both the central bank you have chosen and the Federal Reserve. Do these central banks operate as independent entities with monetary autonomy? i. Please note the example from the Bank of Canada website where you can find financial structure information: Bank of Canada website Core Functions Financial System. Other central bank websites will likely be similar. C. Describe the process of financial intermediation and what role the central bank you have chosen and the Federal Reserve play in that process. How do firms borrow and lend, and how do the central banks help facilitate that process? Rubric Guidelines for Submission: Your paper must be submitted as a 2- to 3-page Microsoft Word document with double spacing, 12-point Times New Roman font, one-inch margins, and at least three sources cited in APA format. Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information, review these instructions. Critical Elements Introduction: Identify Proficient (100%) Identifies the foreign country chosen and explains how its central bank was established Introduction: Financial Structure Describes the financial structure of the central bank chosen and the Federal Reserve Introduction: Financial Intermediation Describes the process of financial intermediation and what role the central bank and the Federal Reserve play in that process Articulation of Response Submission has no major errors related to citations, grammar, spelling, syntax, or organization Needs Improvement (80%) Identifies the foreign country chosen and explains how its central bank was established, but explanation is illogical or incomplete Describes the financial structure of the central bank chosen and the Federal Reserve, but description contains inaccuracies or gaps Describes the process of financial intermediation and what role the central bank and the Federal Reserve play in that process, but description is cursory or incomplete Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas Not Evident (0%) Does not identify the foreign country chosen or explain how its central bank was established Value 20 Does not describe the financial structure of the central bank chosen and the Federal Reserve 35 Does not describe the process of financial intermediation and what role the central bank and the Federal Reserve play in that process 35 Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas 10 Total 100%

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