1) Why was Venezuela suffering from hyperinflation? How did hyperinflation negatively affect the Venezuelan economy

( 2) How would the outcome of hedging differ if you used a foreign-currency forward contract versus a money-market hedge?

( 3) Why does translation not alter a corporation's taxable income?

( 4) Why do publicly traded firms prefer the current-rate method over the temporal method?

( 5) How should a firm position itself to take advantage of a temporary change in worldwide competitive conditions as they occur?