Please answer the attached questions fully and completely.

1. Globalization Risks in Business: What are some of the risks that come with the growing globalization of business? Be sure to discuss the potential effects of each risk. 2. Currencies and Symbols: What technological change is even changing the symbols we use in the representation of different country currencies? 3. Eurocurrencies and LIBOR: Why have eurocurrencies and LIBOR remained the centerpiece of the global financial marketplace for so long? 4. Peng Plasma is a privately held Chinese business. It specializes in the manufacture of plasma cutting torches. Over the past eight years it has held the Chinese renminbi price of the PT350 cutting torch fixed at Rmb 18,000 per unit. Over that same period the renminbi has continued to be revalued against the U.S. dollar by the Chinese government. After completing the table belowassuming the same price in renminbi for all yearsanswer the following questions: What has been the impact of Peng's pricing strategy on the US$ price? How would you expect their U.S. dollar-based customers to have reacted to this? What has been the impact on Peng's margins from this pricing strategy? b. Fixed versus Flexible: What are the advantages and disadvantages of fixed exchange rates? Do not just provide a list. Be sure to explain your reasoning. c. Currency Board or Dollarization: Fixed exchange rate regimes are sometimes implemented through a currency board(Hong Kong) or dollarization (Ecuador). Discuss the difference between the two approaches. d. Emerging Market Regimes: High capital mobility is forcing emerging market nations to choose between free-floating regimes and currency board or dollarization regimes. What are the main outcomes of each of these regimes from the perspective of emerging market nations? e. Direct versus Portfolio Investments: What is the difference between a direct foreign investment and a portfolio foreign investment? Give an example of each. Which type of investment is a multinational industrial company more likely to make and why? f. The Balance: What are the main summary statements of the balance of payments (BOP) accounts, and what do they measure? g. Euro Area Balance of Payments: Using the information in the table below, answer the following questions: Is the Euro Area experiencing a net capital inflow? What is the Euro Area's total for Groups A and B? What is the Euro Area's total for Groups A through C? What is the Euro Area's total for Groups A through D? Does the Euro Area's BOP balance