Information about Firm XYZ: 1. The firm imports high quality wool to Britain from foreign suppliers located in Australia and the New Zealand. 2. The firm exports Jewellery to USA from Britain. 3. The firm exports designer clothes from Britain to Australia, New Zealand and Singapore. 4. The firm has a payment of 8,000,000 AUD due in 3 months to their supplier in Australia, a payment of 6,000,000 NZD due in 2 months to their supplier in New Zealand. 5. The firm is due to receive 9,000,000 AUD from their customer in Australia in 2 months, 4,000,000NZD from their customer in New Zealand in 2 months, 700,000 SGD from their customer in Singapore in 1 months, and 9,000,000 USD from their customer in USA in 2 months 6. The firm is concerned with the impacts of the potential high inflation rate due to the recent expansionary monetary policy globally in their exporting and importing business1. Exposure and risk management (10 marks) Marks will be awarded based on your understanding of different types of exposure related to this rm and on your understanding of the importance of risk management and the available risk management measures including potential hedging strategies 2. Discussion of the impact of economic environment {5 marks) Marks will be awarded based on your understanding of the impact of the current economic environment and your ability to relate this to how this may affect the rm. Project High Distinction (80-100%) Exposure (10 marks) Excellent Marks will be awarded based on your understanding of understanding of different types of exposure different types of related to this firm and on your exposure related understanding of the importance of risk to this firm, the management and the available risk importance of risk management measures including potential management and the available risk hedging strategies management measures including potential hedging strategies Discussion of the impact of economic Excellent environment (5 marks) understanding of Marks will be awarded based on your the impact of the understanding of the impact of the current current economic economic environment and your ability to environment and relate this to how this may affect the firm. excellent ability to relate this to how this may affect the firm