Using the Walmart Case Study and your selected country, you will complete a comprehensive recommendation to Walmart executives either recommending or forgoing expansion into philippines.

Answer the following

• Summarize the culture and financial climate of the country and why it would be favorable or unfavorable for Walmart to expand in philippines.
• Describe your countrys foreign exchange rates and how those rates could impact Walmarts future financial performance. Be sure to address:
  • interest rates,
  • balance of payments,
  • government policies, and
  • other factors such as taxes and tariffs.
• Describe how Walmart needs to manage foreign exchange risk.
• Analyze any potential political risk and its impact to the financials.
• Propose how Walmart should fund this new expansion.