1. A single Barbi doll is made in 10 countries – designed in California; with parts and clothing from Japan, China, Hong Kong, Malaysia, Indonesia, Korea, Italy, and Taiwan: - and assembled in Mexico – and sold in144 countries”.
Evaluate the problems and benefits of globalisation for the multi-national firm.
2. Give a critical evaluation of any two of the exchange rate parity theorems.
3. Evaluate the extent to which a firm’s operating exposure can be hedged.