Discuss the below:
Foreign Exchange
From the e-Activity, suggest the principal way in which foreign exchange rates should be set. Debate whether such rates should be set based purely on transactions, or whether government intervention should be involved. Provide a rationale to support your position.
From the e-Activity, debate the speaker's position that numbers, such as balance sheets, are basically meaningless unless surrounding circumstances are considered. Include at least one (1) example that relates to international management to support your response.
e-Activity
Read the brief article, titled "Foreign Exchange", located at https://www.investopedia.com/terms/f/foreign-exchange.asp. Be prepared to discuss.
Watch the video, titled "Interpret Numbers with Care". Be prepared to discuss.
https://www.cengage.com/management/webtutor/global2/video/ch07.html