Currently you are CFO of a major Australia-based MNC. Due to the current COVID-19 pandemic situation, your company has faced substantial difficulties and some benefits. These are listed below.

The major export markets of your companys products are in deep recession

The company experienced a steep drop in revenues creating huge cash flow problems for the company

Interest rates are lower in Japan and in several European countries compared to Australia.

China imposes tariffs on some of the products exported by your company.

The Australian dollar has strengthened with respect to the currencies of countries which export your companys products.

Explain how you will manage each of these situations. Your responsibilities include managing economic and transaction exposures and raising finances for the firm.