1.Country X experienced a drop in foreign direct investment (FDI) in the last four quarters and its currency has depreciated to a record low versus Currency Y. How do these two changes relate to each other? If you are a manager of an export-oriented firm based in Country X, what would you do to minimize your firm's exposure to the risks associated with volatile exchange rates?

2. Geely is a relatively new car brand that has entered the Philippine market. Geely has 18 factories, 9 of which are in foreign markets and more than 1000 brand dealership and car sale centers in China and in numerous foreign markets including the Philippines. What could be the biggest opportunities and challenges for Geely in the Philippines? Discuss from both the micro and macro perspectives.