ASSIGNMENT Course Code : MS-03 Course Title : Economic and Social Environment Assignment Code : MS-03/TMA/SEM-I/2013 Coverage : All Blocks Note : Attempt all the questions and submit this assignment on or before 30th April‚ 2013 to the coordinator of your study center. 1. “Management at all levels of specialized functions‚ is influenced by the critical elements of the business environment”. Explain with suitable examples. 2. What is the exact position of China in so
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Basket Of currencies: It’s a selective group of currencies ( Dollar‚ Yen‚ …) in which the average is used as a measure of the value‚ and its commonly used to avoid the risk of any currency fluctuating. An Example of pegging to a basket of currencies is Kuwait: In May of 2007 Kuwait dropped the peg to U.S dollar and pegged to a basket of currencies in the beginning Kuwait inflation rate rose from 0.69% in the second quarter of 2007 to 4.2% in the first quarter of 2008. Overall‚ the increase in
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UNIVERSITY OF MAURITIUS FACULTY OF LAW AND MANAGEMENT SECOND SEMESTER EXAMINATIONS MAY 2009 PROGRAMME BSc (Hons) Accounting with Finance – Level 3‚ 4 BSc (Hons) Finance – Level 3 BSc (Hons) Finance with Law – Level 3 MODULE NAME DATE International Finance Wednesday MODULE CODE DFA3006Y(5) 6 May 2009 TIME 9.30-12.30 Hours NO. OF QUESTIONS SET 6 DURATION NO. OF QUESTIONS TO BE ATTEMPTED 3 Hours 4 INSTRUCTIONS TO CANDIDATES This paper consists
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Here we discuss about the exchange rates‚ which is useful for international finance assignment. Exchange Rate is the price of one country’s currency in terms of another country’s currency; the rate at which two currencies are traded for another. It measures the number of units of one currency which exchange‚ in the foreign exchange market for one unit of another. Exchange rates are important because‚ they establish the relationships between the different currencies or monetary units of the world
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Partition of Bengal (1947) The Partition of Bengal in 1947‚ part of the Partition of India‚ was a religiously based partition that divided the British Indian province of Bengalbetween India and Pakistan. Predominantly Hindu West Bengal became a province of India‚ and predominantly Muslim East Bengal became a province of Pakistan. The partition‚ with the power transferred to Pakistan and India on 14–15 August 1947‚ was done according to what has come to be known as the "3 June Plan" or "Mountbatten
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Why does a country like Venezuela impose capital controls? According to this case‚ the character of the case; Santiago‚ part of the pharmaceutical distribution business was working during a time when Venezuela had been “Tumultuous”. Political turmoil affected its economy as well. He opposed Hugo Chavez regiment and was thus “technically” not allowed to exchange domestic currency for foreign currency (as he needed it for his import business). The president of the corrupted county suspended sale
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Indian Economy and the curse of Gold The Indian economy grew at around 5% for the fiscal year ending March 31‚ 2013‚ down from 6.2% the previous year. With economic growth slowing for nearly three years now and the economy expected to grow at around 4.8% this year‚ the slump is attributed to several persistent structural issues – prominent amongst which a widening Current Account Deficit (CAD). To quote the RBI governor‚ "The biggest risk to the economy stems from the CAD." CAD represents
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FIN542 INTERNATIONAL FINANCIAL MANAGEMENT QUESTION FROM FINAL EXAM JANUARY 2013 UITM QUESTION 1 a) There are three (3) main accounts in the balance of payments. Explain the items that are included in each of the account. (6 marks) Three (3) main accounts in the balance of payments are: i. Current Account Current account reflects the net flow of goods‚ services‚ income and unilateral transfer. Goods are includes the export and import of tangible product. Services or intangible
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Key Words exchange rates‚ currency policy‚ monetary policy‚ international capital mobility‚ monetary regimes n Abstract The structure of international monetary relations has gained increasing prominence over the past two decades. Both national exchange rate policy and the character of the international monetary system require explanation. At the national level‚ the choice of exchange rate regime and the desired level of the exchange rate involve distributionally relevant tradeoffs. Interest
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Universal Circuits Inc. Case Study Finance 405 After receiving a telex from the Controller of the Irish plant‚ who is an integral employee at Universal Circuits‚ we had to make a tough decision regarding his request to hedge against the US dollar depreciating. If the US dollar depreciates‚ manufacturing would be shifted from his Irish plant to the US plants‚ which in turn would negatively affect his potential bonus. We acknowledge this risk
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