1.What does it mean when the U.S. dollar weakens in the foreign exchange market?
2.What kinds of U.S. companies would benefit most from a stronger dollar in the foreign exchange market? Explain.
3.Under what circumstance would the U.S. dollar and the Canadian dollar be said to have achieved purchasing power parity?
4.What are some of the primary advantages when a corporation has operations in countries other than its home country? What are some of the risks?
5.What is GATT, and what is its goal?