Essays Tagged: "Exchange rate"

Global Trade

essive, open-minded and gain more benefit with the higher productivity (larger marketplace) and the exchange rate. Moreover, the competition and the economic are the most companies fight for survival. ...

(5 pages) 617 0 4.2 Mar/2002

Subjects: Businesss Research Papers > Markets & Exchanges

Long Swings in the Exchange Rate and the Excess Returns Puzzle

of perfect foresight. The authors offer a well worked out model of how agents persistently bid the exchange rate away from the expected long-run equilibrium rate. It seems intuitively comfortable to ... based on the fundamentals of the respective countries and that agents know this (and know that the exchange rate path is unstable) but cannot be sure of the de-gree of 'incorrectness' or the persiste ...

(2 pages) 55 0 4.0 Apr/1996

Subjects: Social Science Essays > Economics

The "Asian financial crisis", did not solely affect the countries of Asia but also had an impact on other world economies including the United States.

speculators and Thai residents were trying to sell the baht and buy U.S. dollars, because the fixed exchange rate of the baht were pegged artificially high to the U.S. dollar. This caused the baht out ... he U.S. dollar. This caused the baht out of the country, and the Thai government ran out of foreign exchange reserves. As a result, capital became scarcer, the baht devalued by 20% as measured against ...

(9 pages) 378 2 3.3 Dec/2002

Subjects: Businesss Research Papers > Markets & Exchanges

Decribe what and how the FOREX market works in Australia

The Foreign Exchange Market is the buying and selling of various currencies. The exchange rate of the Australian ... rice of 1 unit (1 dollar) expressed in terms of another currency. The 2 most common measures of the exchange rate used in Australia are:*The Exchange rate against the US dollar*The trade-weighted inde ... rrency to be measured against many different currencies which give a much more general and accurate exchange rate of the currency as it is an average of all the countries with an impact on the Austral ...

(4 pages) 59 0 5.0 Jun/2003

Subjects: Social Science Essays > Political Science

External Balance defining the problem, policy implemented to deal with the problem of external stability.

s a situation where external indicators such as the balance of payment, foreign liabilities and the exchange rate are at a sustainable level, that is, a level where they can remain in the longer term ... e balance of payments constraint.Another problem associated with CAD is the increased volatility or exchange rates. Movements in the exchange rates can also have a short-term influence on the level of ...

(4 pages) 102 0 4.3 Aug/2003

Subjects: Businesss Research Papers

Is Europe an Optimum Currency Area?

The traditional theory of Optimum Currency AreasCurrency area is defined as the domain within which exchange rates are fixed (Mundell/1961). The benefits of a common currency are mainly microeconomic ... anism. There is a difference between interregional adjustment and international adjustment even the exchange rates are fixed.The theory of optimum currency areas is important for analyzing European mo ...

(9 pages) 92 0 3.0 Nov/2003

Subjects: Social Science Essays > Economics

Macroeconomics

tic ProductThe unemployment rateThe inflation rateThe interest rateThe level of the stock marketThe exchange rate.Real GDPThe first key quantity is the level of real Gross Domestic Product, called "re ... lculations from Economic Report of the President and Historical Statistics of the United States.The Exchange RateThe exchange rate governs the terms on which international trade and international inve ...

(6 pages) 524 0 5.0 Feb/2004

Subjects: Social Science Essays > Economics

Finance-Risk Management

to a variety of market risks, including the effects of changes in interest rates, foreign currency exchange rates, and commodity prices. To help protect against the risks from currency fluctuations, ... he risks from currency fluctuations, Boeing generally turns to currency hedging. This preserves the exchange rate between two currencies at a know value. Hedging is implemented by entering into "finan ...

(3 pages) 339 0 3.5 Mar/2004

Subjects: Businesss Research Papers > Accounting

The crisis of Argentina in 2001-2002

hyperinflation. Under the Convertibility law, the peso and the U.S. dollar circulated at a "1 to 1 exchange rate". The owner of a peso had a property right for a dollar and could freely convert this ... even before. The crisis also was the result of a weak financial systems that became too exposed to exchange rate risks as well as the large-scale capital inflows driven by cyclical downturns in the i ...

(6 pages) 123 0 4.7 Apr/2004

Subjects: Social Science Essays > Economics

"International finance is a game with two sets of players: the politicians of national government, and the presidents and treasurers of firms".ANALYSE.

e the dual objectives causes inconsistencies in national policies, leading to inevitable changes in exchange rate. (Levich, 2001) The private sector perceives the changes in exchange rate as both risk ... ountries set par value for their currency in terms for gold. A gold standard is the system of fixed exchange rates in which the value of currencies was fixed relative to the value of gold and gold was ...

(9 pages) 230 0 4.7 May/2004

Subjects: Businesss Research Papers > Markets & Exchanges

Sterling Marking Products Ing.

in Canada (162k-192k vs. 87K)Weaknesses-Barriers to entry include, high number of competitors, high exchange rate, high initial capital requirements, cultural differences among sales people (perhaps n ... all to a local branch is that it requires extensive initial capital investment and that there is an exchange rate risk. Furthermore, the threat of duplication is of the highest concern to Sterling. A ...

(4 pages) 77 0 4.3 Jun/2004

Subjects: Businesss Research Papers > Case Studies

Global Financing & Exchange Rate Mechanisms Paper

Global Financing and Exchange Rate MechanismsCountertradeCountertrade is a trade between two countries by which goods are ... to meet the requirements of a more sophisticated world economy. All of these generally involve the exchange of goods or services to finance purchases, rather than using cash alone. "Countertrade, in ... ng tool has increased since early 1970s -especially in markets where there is a shortage of foreign exchange and countertrade may be the only effective marketing mechanism for doing business." (www.ba ...

(3 pages) 1114 0 2.5 Jun/2004

Subjects: Businesss Research Papers

Westmills Carpets Limited

rpets. Multicolour design is ill fit to the Calgary plat. In addition, due to imported material and exchange rate, its high cost forced Westmills into non-competitive situation. On the other hand, the ...

(2 pages) 40 0 4.0 Jun/2004

Subjects: Businesss Research Papers > Case Studies

FACTORS AFFECTING SUPPLY AND DEMAND OF AUSTRALIAN DOLLARS

With a floating exchange rate, such as Australia's, supply and demand factors largely determine the dollar's equilib ... uch as Australia's, supply and demand factors largely determine the dollar's equilibrium price. The exchange rate is sensitive to changes in both demand and supply, which can cause changes in the equi ... he market by the Reserve Bank of Australia.DEMANDThe demand for Australia's currency in the foreign exchange market (Forex) is a derived demand. It is derived from the demand for a country's exports o ...

(4 pages) 84 0 4.4 Sep/2004

Subjects: Businesss Research Papers > Markets & Exchanges

Case study: Beringer Blass Wine Estates against Globalisation and increasing competition

Situation AnalysisEnvironmentEconomical factors such as exchange rate should be closely monitored by Beringer wine estates as it's involved in import and ex ... be closely monitored by Beringer wine estates as it's involved in import and export activities. The exchange rate will affect the profit which the firm makes.On the other hand, government and state le ...

(6 pages) 202 1 5.0 Apr/2005

Subjects: Businesss Research Papers > Marketing

Understanding Exchange Rates and their impact on Management Financial Decisions.

Understanding Exchange RatesSection I - IntroductionSection II - Definitions and ExamplesSection III - Systems and ... ystems and HistorySection IV - Government Interventions and their EffectsSection V - Effects of the Exchange Rate on International Trade RelationshipsSection VI - Other Related International Trade Con ... ul operations in a global economy. There is money to be made by managers who can effectively manage exchange rates in the course of their business dealings. There is money to be lost by managers who f ...

(12 pages) 287 0 4.8 Apr/2005

Subjects: Businesss Research Papers > Markets & Exchanges

How yuan can boost India growth

o about 40-60 per cent. Of course, there were some who said that China should not move from a fixed exchange rate, but even these experts felt that the yuan was undervalued -- and/or that the Chinese ... .There were several China apologists arguing that a reval was not necessary; and/or that a flexible exchange rate would bring about a large devaluation of the yuan! No wonder economists are like Hindu ...

(4 pages) 37 1 3.0 Aug/2005

Subjects: Businesss Research Papers > Markets & Exchanges

How far were Mussolini's policies really fascist?

e. The "Battle of the Lira" was one way of him to show this strength in this "Battle" he raised the exchange rate of the Lira so that it looked like Italy was an economic strong country, but this did ... ke Italy was an economic strong country, but this did not help the economy at all. Through the high exchange rate Italy was not able to export as much and so the economy lost, in fact this shows that ...

(3 pages) 29 0 4.0 Dec/2005

Subjects: History Term Papers > European History

Overview of the Reserve Bank of Australia

l accountable to them.The RBA's major responsibility is monetary policy, especially in the areas of exchange rate, inflation, interest rate and employment. It states in Section 10(2) of the Reserve Ba ... eniency (see left) because it is forward looking.Thirdly, the RBA can exercise its control over the exchange rate, and the value of the Australian dollar. In simple terms, the RBA can increase interes ...

(2 pages) 33 0 3.0 Feb/2006

Subjects: Social Science Essays > Economics

The 1970s were disastrous for European Integration. Discuss

(EMU). However, the collapse of the international monetary system and the 1973 energy crisis led to exchange rate instability and economic recession, which seriously damaged the Community's solidarity ... ar later, the Franco-German axis championed the European Monetary System (EMS), aiming to stabilise exchange rates between the member states' currencies around a European Currency Unit (ECU). Although ...

(4 pages) 38 0 3.0 Apr/2006

Subjects: History Term Papers > European History