Question: The Web site shown below provides historical information on the exchange rates of currencies used throughout the world. Review the changes in exchange rates for
The Web site shown below provides historical information on the exchange rates of currencies used throughout the world. Review the changes in exchange rates for the last few years. www.federalreserve.gov/releases/H10/hist/
Required (choose 1, 2, or 3):
1. Which Asian countries have experienced changing exchange rates relative to the U.S. dollar in the recent few years, and what are the implications of this trend for global companies such as Amazon.com or General Electric?
2. Most European countries now use the euro as the currency for international exchange. Study the recent trends in the euro and determine the implications of this trend for global companies such as Wal-Mart.
3. Which North American countries (other than the U.S.) have experienced changing exchange rates relative to the U.S. dollar in the recent year, and what are the implications of this trend for global companies such as Ford Motor Company?
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In reviewing the last few years of data for exchange rates it is important to separate the period up to September of 2008 from the period after September 2008 At that time there was a sharp increase i... View full answer
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