Please answer the questions in two pages and provide the work citations, thank you very much.

Accounting for Derivatives & Translation Issues I. Use www.iasplus.com to search for a new \"general hedge accounting model\" that was issued by the IASB on November 19, 2013 as amendments to IFRS 9, and answer the following questions. 1. Why did the IASB make the change to hedge accounting? 2. Does IFRS 9 hedge accounting converge with or diverge from U.S. GAAP hedge accounting that is substantially the same as IAS 39 hedge accounting? Identify areas of difference. 2: 1. Explain \"too interconnected to fail\". 2. Identify the ratio and discuss how important it is in assessing future crisis. 3: 1. What actions should U.S. MNC do in light of the strengthening U.S. dollar against most currencies? Provide as many suggestions as possible. Feel free to conduct internet research on this issue. 2. What is the paradox associated with hedging balance sheet exposure? If you are a CFO of an MNC, will you hedge balance sheet exposure? Why or why not