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What are the five major factors that influence foreign exchange rates? What are the differences between a floating exchange rate policy and a fixed exchange
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- What are the five major factors that influence foreign exchange rates?
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- What are the differences between a floating exchange rate policy and a fixed exchange rate policy?
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- Describe the IMFs roles, responsibilities, and challenges.
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- Describe the three primary types of foreign exchange transactions made by financial companies.
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- Why is the strength of the U.S. dollar important to the rest of the world?
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- How would you describe the theory of purchasing power parity (PPP)?
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- What is the relationship between a countrys current account balance and its currency?
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- How is the phenomenon of capital flight an example of the bandwagon effect or herd mentality?
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- What concepts must a savvy manager understand about currencies to do international business successfully?
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