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Could you please answer all of these question comprehensively as soon as possible, thank you so much . Thumb up for sure :) In 1990,

Could you please answer all of these question comprehensively as soon as possible, thank you so much . Thumb up for sure :)

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In 1990, US-based General Electric acquired Tungsram Ltd., a Hungarian light bulb manufacturer. Hungary's inflation rate was 28 percent in 1990 and 35 percent in 1991, whil the forint (Hungary's currency) was devalued 5 percent and 15 percent, respectively, during those years. Corresponding inflation for the U.S. was 6.1 percent in 1990 and 3.1 percent in 1991. What has happened to the competitiveness of GE's Hungarian operations during 1991 and 1991 ? Show your calculation

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