Essays Tagged: "exchange rates"

The arguments about foreign project valuation

calculate it (Drury 1996). Some of the factors that influence the NPV of multinationals are taxes, exchange rates, estimating the terminal value of a project using different methodologies, political ... d by the project. Some of the factors that may affect the NPV analysis are transfer pricing, taxes, exchange rate fluctuation and controls, and political risk. International project appraisal need to ...

(9 pages) 223 0 4.4 Feb/2003

Subjects: Businesss Research Papers

Economic History : Asian Financial Crisis

o the crisis. Areas focused upon will be the influence and problems created by the economies pegged exchange rates, the amount of borrowing, areas this borrowing was invested into and the blatant disr ... on in these pre-crisis economies. The liberalisation of financial capital flows and heavily managed exchange rates. These exchange rate systems were pegged using the United States dollar as their anch ...

(8 pages) 346 1 4.2 Mar/2003

Subjects: Social Science Essays > Economics > Economic History

EMU and the british perspective.

evelopment of the EMU was created there.In the years after the treaty the preparation began.In 1999 exchange rates were irrevocably fixed and transactions started to be possible in Euros. The Eurozone ... r (Salvatore, 2002) will be saved.Another important fact is that the single currency eliminates the exchange-rate uncertainty.This should increase trade, as exchange-rate risk means a hidden cost on t ...

(11 pages) 154 0 5.0 Jun/2003

Subjects: Businesss Research Papers

Can the global strategy be used for service industries?

e customers and markets, exploitation of another country's resources, such as labor, raw materials, exchange rates, import duties, tariffs and taxes. Strategically, a service industry type firm could ...

(4 pages) 469 1 4.8 Oct/2003

Subjects: Businesss Research Papers > Management

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

The United States Constitution: A synopsis of it's positives and negatives.

y, however, due to this powerless central government, problems arose concerning currency, different exchange rates, and a lack of an effective army or navy outside independent state militias. The foun ...

(2 pages) 79 0 4.0 Nov/2003

Subjects: History Term Papers > North American History

Case study: Jaguar plc, 1984

f Jaguar plc for its imminent IPO. For this we analyze the market, in which Jaguar operates and its exchange rate risks.The luxury car market analysis delivers the following findings:*Jaguar's clients ... producers BMW, Daimler-Benz and Porsche*Jaguar exports a large part of its production to the USThe exchange rate risk analysis shows:*In the last few years the exchange rates operated in favor of Jag ...

(1 pages) 157 0 2.8 Mar/2004

Subjects: Businesss Research Papers > Case Studies > Automotive Companies

Australia's Exchange Rates and the effects from global events

and bring to surface the burdening issue of the effect of global economic conditions on Australia's exchange rate. The beginning of the report details what the exchange rate is and how it can be defin ... e rate is and how it can be defined. Following that is a look at the effects of major events on the exchange rate and the government's reaction to these events. The report will also analyse what effec ...

(4 pages) 64 0 3.0 Sep/2004

Subjects: Businesss Research Papers > Markets & Exchanges

Austarlia's current trading position

12.1.1 Direction of imports 22.2 Exports 42.2.1 Direction of exports 53.0 Balance of payments 64.0 Exchange rates 75.0 Foreign investment 86.0 Trade blocs 87.0 Conclusion 10References 111.0 Introduct ... ian consumers (DFAT, 2003). International trade is geared around the concept of mutually beneficial exchange. So by trading Australia is able to focus on producing goods and services in which it is mo ...

(7 pages) 80 0 3.0 Dec/2004

Subjects: Social Science Essays > Economics > Foreign & International Economics

Analysis of exchange rates for 5 currencies: USD, AUD,BAHT, RINGGIT, EURO

ulation part for nom appr/depr, please refer to table 1)EUROBased on the calculation of the average exchange rate of Euro against Malaysian Ringgit for the period of 2001-2004 (June) we found it to be ... riod was 4.8851MYR/EURO, whereas the lowest value or depreciation was 3.1781. The average amount of exchange rate data deviated from the mean (3.8936) was 0.4996(S.D). It indicates on the fact that th ...

(7 pages) 68 0 0.0 Dec/2004

Subjects: Businesss Research Papers

The European Monetary System

currency was essential. By that the transaction cost would be eliminated and the uncertainty of the exchange rates. So, in order for aal those to be accomplished, the European had to create a monetary ... arch 1979 as an answer to the instability of the European economies, caused by flunctuations in the exchange rates. Its purpose was: 1) to establish monetary stability, 2) to overcome constraints caus ...

(8 pages) 117 0 4.5 Jan/2005

Subjects: Area & Country Studies Essays

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

International Finance

business internationally. Since the two different countries have unalike types of currency then the exchange between the two different currencies for one company can cause problems.Recession and finan ... at the profitability of their primary business has been harmfully affected by major fluctuations in exchange rates, stock market prices and in the credit rating of counter parties. Additionally, the b ...

(3 pages) 183 0 2.6 Jul/2005

Subjects: Businesss Research Papers > Accounting

The Feasibility of a Common Currency in Asia.

urope. It is a fact that countries aim to have international monetary cooperation and to keep their exchange rates stable due to the globalization, internationalization, and financial market integrati ... ist of existing central bank and a new European Central Bank. There would also be irrevocable fixed exchange rates.There are economic reasons for this. First, the single currency or the European Monet ...

(26 pages) 120 0 3.0 Nov/2005

Subjects: Social Science Essays > Economics > Foreign & International Economics

Britain and the European Currency

Currency is a unit of exchange, which makes the transfer of goods and services possible. It is a form of money. Each count ... h country or region has a currency zone, which is where a specific currency is the main standard of exchange. To make trade between zones easier, exchange rates are created to set prices at which curr ... o the euro. Sweden has indefinitely delayed converting to the euro by refusing to join the European exchange rate mechanism II. Denmark, nor the United Kingdom, will ever have to worry about being for ...

(5 pages) 87 0 4.6 Jan/2006

Subjects: Social Science Essays > Economics > Foreign & International Economics

Explain why the debt crisis and the role of the IMF in it undermined the ability of LDCs to provide merit goods such as health and education

the international organization entrusted with overseeing the global financial system by monitoring exchange rates and balance of payments, as well as offering technical and financial assistance when ...

(1 pages) 12 0 3.0 May/2006

Subjects: Social Science Essays > Economics > Foreign & International Economics

Australia and its exchange rate

Exchange rates play a key role in the relationships between individual economies within the context ... ontext of the global economy, as all trade and financial flows between nations are mediated through exchange rates. With respect to Australia, the foreign exchange rate is simply the price at which th ... respect to Australia, the foreign exchange rate is simply the price at which the domestic currency exchanges for another foreign currency, and the conversion of these currencies takes place on the FO ...

(3 pages) 61 1 4.0 May/2006

Subjects: Social Science Essays > Economics

Japan's Economy

rld after the United States (US) and China based on its purchasing power. When measured in terms of exchange rates, Japan is the second largest economy. One prominent characteristic of its economy is ... partners. The dollar peaked in 2002 and has declined up until 2004. Between these years the nominal exchange value depreciated by 16 percent. The decline showed weakness against the US trading partner ...

(33 pages) 226 0 5.0 Sep/2006

Subjects: Social Science Essays > Economics > Foreign & International Economics

Evaluating the Big Mac Index

same in different countries" (, 2006, 1). The belief in the PPP is that eventually exchange rates between countries' will even out to avoid someone buying something cheaper in one cou ...

(3 pages) 101 0 2.0 Oct/2006

Subjects: Social Science Essays > Economics

Country Risk Analysis: India and Brazil

taken into consideration. Being aware of the economy of the country as well as the fluctuations in exchange rates are detrimental in making a sound investment decision. Political, socio-economic, and ... Economic ExposureA company's present value of future cash flows is subject to economic exposure and exchange rates. Transactions that contribute to transaction exposure are transactions that can cause ...

(12 pages) 331 0 2.5 Apr/2007

Subjects: Social Science Essays > Economics