1. What is the difference between the random walk theory and the technical approach to forecast exchange rates? 2. What is the difference between a speculator and a hedger? 3. Provide one example* of an offshore banking center and discuss why it can be very attractive 4. Discuss the main reasons for firms to invest overseas and provide one example* 5. A multinational company can face operational risk as well as control risk. What is the difference between the two? Discuss and provide one example for each of them