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Please answer all the questions because its all a whole question part ...... 03 Recently, Wal-Mart established two retail outlets in the city of Shanzen,

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Please answer all the questions because its all a whole question part ......

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03 Recently, Wal-Mart established two retail outlets in the city of Shanzen, China, which has a population of 3.7 million. These outlets are massive and contain products purchased locally as well as imports. As Wal-Mart generates earnings beyond what it needs in Shanzen, it may remit those earnings back to the United States. Wal-Mart is likely to build additional outlets in Shanzen or in other cities in the future. a) Explain how the Wal-Mart outlets in China would use the spot market in foreign exchange. b) Explain how Wal-Mart might utilize the Eurocurrency market when it is establishing other Wal-Mart stores in Asia. c) Explain how Wal-Mart could use the Eurobond market to finance the establishment of new outlets in foreign markets. A

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