Attempt all the questions
Question1)
a) Discuss fixed exchange rate system. Why did system fail?
b) Explain briefly Asian Currency Crises.
Question2)
a) Explain Euro Commercial Paper. Describe its mechanism.
b) Illustrate purchasing power parity theory? How is exchange rate determined under this theory?
Question3)
What is economic exposure? Describe various techniques of managing economic exposure.
Question4)
a) Describe about special documents used in the international trade.
b) Explain the rationale of FDI.
Question5)
Explain the following:
a) Centralized vs. Decentralized cash management
b) Measuring political risk