Research Assignment
Use the globalEDGE (https://globaledge.msu.edu)website to complete the following exercises:
Sometimes, analysts use the price of specific products in different locations to compare currency valuation and purchasing power. For example, The Economist's Big Mac Index compares the purchasing power parity of many countries based on the price of a Big Mac. Using Google, locate the latest edition of this index that is accessible. Identify the five countries (and their currencies) with the lowest purchasing power parity according to this classification. Which currencies, if any, are overvalued?
The Bureau of Economic Analysis is an agency of the U.S. Department of Commerce. It lists data about the U.S. economic accounts, including current investment positions and the amount of direct investment by multinational corporations in the United States and abroad. Prepare a brief report regarding the direct investments of other countries in the United States. Include in your report the leading countries in foreign direct investment.