Unit VI Scholarly Activity
Part One:
Your company is deciding to expand to the following countries, and you and two other managers will have to visit these countries to set up operations. You have $1,500.00 to convert in each currency. Copy and paste this table into a new document and compute the following:
Country/currency | USD value/rate (as of 09/14) | Exchange amount |
Japanese yen | $102.28 |
|
Euro | $0.75 |
|
British Pound | $0.60 |
|
Utilizing the same exchange rate, while you are visiting each of these countries, you have to buy supplies/equipment for your operations; you want to determine what it is costing you in U.S. dollars. Please compute the following:
Japanese yen | Computer (167,000.00) | $ |
Euro | Desk/chairs (1,125.00) | $ |
British Pound | Printer (575.00) | $ |
Part Two
Respond to the following questions. Not counting Part One, paper will be three pages in length, double spaced, and use APA style guidelines.
1. Within the past decade, the IMF has provided financial assistance (bailout) to Greece (2010, 1st quarter), Iceland (2008, 4th quarter), Ukraine (2014, 2nd quarter), and Hungary (2008, 4th quarter). Describe the recovery process in each country as a result of this assistance. Also determine whether or not there was an increase/decrease in:
· GDP,
· inflation, and
· unemployment.
College textbook
Daniels, J. D., Radebaugh, L. H., & Sullivan, D. P. (2015). International business: Environments and operations [VitalSource Bookshelf version] (15th ed.)
