International Money Markets and Foreign Exchange - Economic Cooperation and Regional Economic Integration - International Finance and Monetary System Assignment Help

Internal Code:- 1ACAGH International Finance and Monetary System  Task:- Introduction You continued to examine international business issues related to economic co-operation, regional economic integration (trading blocs), and the international monetary system. Instructions Part A: Economic Cooperation and Regional Economic Integration 

1. Of which trading blocs are your two target countries members? If not part of a bloc, which bloc do you think they should join? Describe the advantages and disadvantages of being part of a trading bloc.
2. How will Canada’s membership in NAFTA help or hinder your ability to take your product or service to your two target countries?
3. What is the difference between a free trade agreement (such as NAFTA) and an economic union (such as the EU)?
4. What would be the advantages and disadvantages for Canada to join a customs union with the USA and Mexico?
5. What are the stated aims of the Association of South East Asian Nations (ASEAN)? What are the risks of working with a business partner from ASEAN?

Part B: International Money Markets and Foreign Exchange 

1. In many ways, the economy of a country is like the economy of a household. If the household spends more than it earns, then it faces difficult times. On the other hand, if it earns more than it spends, then it can save for a rainy day. Discuss the relevance of this analogy to the economy of a country. In particular, discuss imports, exports, the balance of payments, and the strengthening or weakening of the nation’s currency.
2. When the USA experienced high inflation in the 1970s, Canada also experienced high inflation. Indeed, Canada was said to have “imported inflation” from the USA. If Canada’s exports to the USA were high, Canada’s foreign exchange reserves would have increased. Since exports create jobs, how could Canada have imported inflation from the USA?
3. Suppose a Canadian firm wants to import canned beef from Brazil. The shape of the graph of GDP per capita (in US$) from 1960 to 2005 (below) shows that Canada has a significantly higher rate of GDP increase and a higher rate of exports. Based on these two factors, which country had the harder currency during this period? Why? Which country does had a greater rate of inflation in this period? Why? Find the relevant PPP numbers for each country. Does the result match your analysis?

4. Based on the 1960–2005 period, if a Canadian company were to import from Brazil and must pay in Brazilian reais when the goods are delivered in 90 days, should the company get the currency through the spot or the futures market? Why? Would it be different if the company had to pay in US$? Explain.

Part C: International Monetary Systems Considerations might include:

• Economic stability
• Currency fluctuations and inflation
• Rising nationalism and other political uncertainties
• Potential changes in administrative trade barriers
• Accounting practices
• Relevant cultural or technological forces

A quick search of reliable Internet sources may help you formulate some thoughts about these and other factors and current events that will impact your planning. There is no right or wrong answer to this question. This is your opportunity to show your ability to look at data and draw some evidence-based conclusions that demonstrate your understanding of how political and economic pressures impact currency flows and international business. Journal Reflection 2  The journal reflection requires you to look back at your contributions and to reflect on your learning experience. Consider the following reflective questions:

1. Did the topics for reflection and the ideas and information you explored influence your understanding of our perspective on international e above question business?
2. Did your ideas and views shift as you progressed through the course?
3. Did the contributions of other learners influence you and help enrich your knowledge of international business?
4. Did you agree with everything others posted on the discussion board?

Write 1–2 pages reviewing your journalling activity and contributions to the reflection prompts/questions of modules 3 and 4. The journal reflection requires you to look back at your contributions and to reflect on your learning experience. Document your best journal reflections. Also, you may include highlights from other activities and the course in general. This Finance Assignment has been solved by our Finance experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style. Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respecMy Uni Papertively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.