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 th

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.)


Answer

Unit VI Scholarly Activity

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