Assignment Topic: What do you have learnt from this FIN-645 course? Prepared for: Dr. A. A. Mahboob Uddin Chowdhury Professor Department of Finance University of Dhaka Prepared by : Partha Pratim Sarker ID: 1330959090 School of Business North South University International financial management is a popular concept which means management of finance in an international business environment which means, doing of trade and making money through the exchange of foreign currency. The
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contracted by an average annual rate of 0.8% and in 2013 it shrank by 0.7%. The 508,520 tourist arrivals the country saw in 2013 was 11.2% below the level registered in 2007. While for a long time the country has operated a fixed exchange rate system at US$1 = BDS$2 some analysts have question the sustainability of its exchange rate. Its net international reserves have plummeted from US$718 million in 2010 to US$563 million at the end of 2013. Over the same period its debt to GDP ratio moved from
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1. Explain why another country would abandon its own currency and use the U.S. dollar as its official currency instead. Explain why such a policy will not work in the long run. 5 points Other countries abandon their own currencies in order to protect themselves from possible devaluation and inflation as well as reduce a number of risks they might have when it comes to foreign investments. Thus, by abandoning their own currency and using the U.S. dollar they are able to provide a more stable and
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02/15/15 Exchange Rates With regard to currencies, exchange rates, as well as any other price, are determined by supply and demand. The supply and demand of currencies depends on many factors which can be grouped as follows: * the monetary system, which places the political structure in relation to exchange rates; * economic data as the trade balance, inflation and the national product. Fundamental analysis is based on the observation and evaluation of these economic data, as has been
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In the balance of payment, current account and capital account are tied together by an accounting identity. Current account on one side and the capital and financial accounts on the other side should balance each other out due to the double entry of each transaction. [ Current Account + Financial Account + Capital account + Official Reserve Account = 0 ] For example, if a country has a positive capital and financial accounts, it will have a current account deficit - because the debit is more
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Individual Project Global Managerial Economics Professor Art Vaughn Colorado Technical University Online 25 August 2014 The World Bank and the International Monetary Fund were brought into existence at a formal meeting in Bretton Woods, New Hampshire in 1944. The World Bank and the IMF is a group of companies that can assist countries with the means of advancement in the form of a loan, guidance and exploration into a better, more successful economy after World War II this was
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Guidelines for Course Paper: General Electric in Australia (60 points) This paper must be e-mailed to me as an MS-Word document before June 14, 2015. You may use any reference materials that you wish and consult with other people for help, but the document must be written by you. Write the answers in your own words. Do not cut and paste sentences from Internet sources. Answer the questions as if you were the Country Manager in Australia for the General Electric Corporation. You decide which
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A Snapshot of Growth and Performance of the Indian Economy By: AKANKSHA SHUKLA FT163009 GOVIND NARAYAN DUBEY FT163025 KIRUTHIKA S FT163043 NUPUR BHARARA FT163063 SANJAY NARANJI THANKI FT163082 TEJAS PRAMOD MADAN FT163098 SHABARISH NAMA RADHAKONAIAH FT164080 VARUN M FT164096 As per the recent report by the World Bank, India is all set to be the world’s fastest growing economy by 2015 ahead of China. India’s GDP is forecasted to be 7.5% through 2015 and is forecasted to be 8% in FY16
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Running head: CURRENCY EXCHANGE RATE CURRENCY EXCHANGE RATE Catherine Girard MAN551 Dr. Giscombe March 26 2016 The international trade is closely linked and dependent on the exchange rate, when a company or a trader operates internationally, it is confronted with the notion of the exchange rate, which is very critical to its operations. Like the market interest rates, the foreign exchange market, is a market that is not immune to risk. Indeed, companies as they operate
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Intermediate Macroeconomics 311 (Professor Gordon) SECOND Mid-Term Examination Fall, 2006 YOUR NAME: Circle the T.A session you are attending: Michel Wednesday Costel Wednesday Michel Thursday Costel Thursday INSTRUCTIONS: 1. The exam lasts 1 hour. 2. The exam is worth 60 points in total: 30 points for the two analytical questions, and 30 points for the multiple choice questions. 3. Write your answers to Part A (the multiple
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