International Business Scenario (30 points) 4. following scenario it ab teaches individuals in a is based on a business that you could easily cre still requires the same types to speak Thi this business very that business Thailand and of decisions faced by large that i 10 Thai baht to a small subsidiary age school you live in You Singapore with an office and an attached classroom that You set hire local individuals Singapore who can Thai and teach you school offers two to others. lease of courses: a 1-month structured course Your intensive course for individuals who already know Thai want to improve 1-week before visiting Thailand. You advertise both types of teaching their skills All revenue and expenses services in local newspapers dollars. Your subsidiary associated with your business are denominated in Singapore sends most of the profits from the business in Singapore to you at the end of each month. Although your expenses are fairly stable, your revenue number of clients who sign up for the courses varies with questions as if you were serving on the board in Singapore. Answer each of the following or as a manager of the business a. Given the factors that affect the value of a foreign currency, describe two conditions in Singapore that could cause the Singapore dollar to weaken and ther adversely affect our business. (12