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Pages:
3 pages/β‰ˆ825 words
Sources:
4 Sources
Style:
APA
Subject:
Literature & Language
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 10.8
Topic:

Country Research Project: Currency, Major Economic Features

Essay Instructions:

To complete this step, your essay and research should, at the very least, include answers, rationales, and insights into the following questions regarding your country:IV. Did You Know ... ?Create a short statement or phrase that captures one interesting, unique, and positive characteristic of your country. This should be one sentence or phrase that identifies some unique and interesting fact that sets your country apart from other countries in Africa. Below are a few examples - please do not replicate any of these in your own work. Be creative - and remember to be positive!• Did you know that the Great Pyramid of Giza in Egypt stood as the world's tallest structure for over 3,800 years?Source (Links to an external site.)Links to an external site.: History Lists 11 Things You May not Know About Ancient Egypt• Did you know that Algeria has the largest gold reserve in all of Africa?Source (Links to an external site.)Links to an external site.: (Ecofin Agency) - According to a report published by World Gold Council on March 11, 2016• Did you know that South Africa ranks # 19 in the world for winning 10 Nobel prizes?Source (Links to an external site.)Links to an external site.: Nobel Prize Winners By CountryV. Currency• What is the monetary currency used in your assigned country• What is the exchange rate to the US Dollar?VI. Major Economic Features• What is the population of your country?• What are the major natural resources and the major features of the economy?• Is the economy driven by the export of minerals and raw materials, agriculture, significant industries, or a mixture of these?• Which countries are its largest trading partners?• Is the country a member of a regional African trading bloc?• What are the main exports? What are the main imports?• What is the current Gross Domestic Product (GDP)?• What is the current Gross National Product (GNP)?• What is the unemployment rate? What is the foreign debt?• What is the state of the economy, judged by its GDP, GNP, the unemployment rate, and other signs of economic health?• What is its economic relationship with the United States?REMEMBER: Your work should be supported by evidence and quotations from your sources and include a minimum of at least 3 references - a variety or references is better. Follow the guidelines outlined in the Sources section above. Make sure to create your information using APA Citation Guide(link is external) (Links to an external site.)Links to an external site. created by the Penn State University Libraries on the basics of APA. You may also refer to: APA Quick Citation Guide  for help. Organize your work into a readable and persuasive essay. Do not offer one-liners to the questions above. These are meant to guide your thoughts, not the structure for the essay.RESOURCE requirement:Throughout the project, you will keep a record of the information sources you used to gather the information about your assigned country. By the end of the three steps, you should have used no less than a total of NINE different references as you research your country.• Select at least THREE sources from the PSU Libraries' Research Guide for AFR 110 (Links to an external site.)Links to an external site. or Research Guide for African Studies (Links to an external site.)Links to an external site..• Then select at least SIX academic sources of your choosing.NOTE: The Huffington Post, New York Times or Wikipedia ARE NOT ACADEMIC sources and should NOT BE USED IN THIS CLASS. A balanced choice of academic sources will include a journal article, book and other web related sources.*Make sure that for each step, you have this balance in your selection of sources to use.Here are a few recommended sources that are not already listed on the PSU Libraries' Research Guide for AFR 110. In recommending these sources, we are in no way suggesting that these are EXEMPLARY authorities.   BBC Country Profiles (Links to an external site.)Links to an external site.   United Nations (Links to an external site.)Links to an external site.For an academic assignment, you should always draw on the best sources of information, that is, refereed and reputable sources. What does “refereed” and “reputable” mean in this context? The terms mean that these sources gain authority and reputability because they are written by informed and knowledgeable authors, are fact-checked, edited and reviewed by a publisher or other authoritative, independent entity. Such a process of refereeing, editing and distribution tends to produce the most reliable information because it is independently verified and checked. Such reputable and refereed sources are provided in the resource sheet on information sources on Africa from the African Studies librarian, Ms. Sylvia Owiny, about the resources in Penn State’s library that will be useful for your assignment. Do not rely on tourism Web sites and unrefereed online encyclopedias such as Wikipedia.
PSU LIBRARY RESOURCE: https://guides(dot)libraries(dot)psu(dot)edu/friendly.php?s=UPafr110 
Step2 persuasive essay needs at least three sources, one has to come from PSU library source.
My country is Lesotho. The paper needs to be all about the country

Essay Sample Content Preview:

Country Research Project
Author Name
Institution Affiliation
IV. Did You Know Statement
Did you know that the Senqu (Orange) River is the second highest single drop waterfall in the world?
V. Currency
It should be noticed that currency, in a specific sense, is money in any form which remains in circulation or is used as a medium of exchange. It can either be in the form of coins or in the form of banknotes. Different countries have their own currencies. For example, the United States as US dollars (US$). Similarly, Australian dollars (A$), pounds sterling (£), European euros (€), Indian Rupees (β‚Ή), and Russian rubles (β‚½) are some of the examples of currencies. The monetary currency used in Lesotho is Lesotho loti or South African Rand.
In finance, an exchange rate can be defined as the rate at which a currency is exchanged with another currency. It purely depends on how powerful a country’s currency is. For example, the currency of the United States is very powerful, and this is one of the reasons why people love to exchange their currencies in U.S. dollars. One South African Rand is equal to 0.069 U.S. dollars.
VI. Major Economic Features
As of 2018, the total population of Lesotho is 2.25 million. Lesotho is only 29,000 square kilometers in space. Compared to the 2004 census population of 2.01 million, its population has increased tremendously. The density of people is 67 per square kilometers, and its population density is one of the lowest in the highlands. The largest and capital city of Lesotho is Maseru.
Natural resources are resources that are present in the world without any action of humankind. Their value characteristics are electrical properties, magnetic properties, gravitational properties, and forces. The world we live in is full of numerous natural resources, and it can easily be assumed that there is no country without having several natural resources. In some of them, these might be present in abundance, and in the others, they might be present scarcely. The major natural resources are water, Caledon River, Senqunyane River, Makhaleng River, diamonds and the Lesotho Highlands Water Project. The economy of Lesotho is purely based on livestock, mining, manufacturing, and agriculture, and largely depends on the inflow of workers’ remittance and receipts from the Southern African Customs Union (SACU).
The economy of Lesotho is based on animal husbandry, subsistence farming and small-scale industries that include texti...
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