Both the McNamara book and the Simmons book claim to give explanations for exchange rate cooperation. Make an argument about which one you find more convincing and explain the reasons for your position. In doing so: (i) explain the key theoretical account

Question: Both the McNamara book and the Simmons book claim to give explanations for exchange rate cooperation. Make an argument about which one you find more convincing and explain the reasons for your position. In doing so: (i) explain the key theoretical account in the
two books; (ii) explain how the arguments are related and how they are different; (iii) engage the evidence that the two authors are bringing to support their theories.

Introduction:
1. State your thesis [I will argue that…]
2. Describe how you will support your thesis with evidence (a), (b), (c), (d) …

Body of the paper:
3. Explain more specifically your thesis, and how it is possible and plausible to back it with the kind of evidence you will provide – (a), (b), (c), and (d)
4. Provide all the necessary detail on what (a), (b), (c), and (d) are, based on the material we have read.

Conclusion:
5. Sum up your work
Important: Use citations [author, page] whenever you refer to specific ideas. Paraphrase, but do not forget to reference.

BOOK for the reference
Kathleen McNamara. The Currency of Ideas. Monetary Politics in the European Union. Cornell University Press. 1998

Beth Simmons. Who Adjusts? Domestic Sources of Foreign Economic Policy during the Interwar Years. Princeton University Press. 1994. ch. 1-4