Discussion Post: International Finance
• Discuss the major trends that have prevailed in international business during the last two decades. (2-3 sentences)
• Explain the arrangements and workings of the European Monetary System (EMS). (2-3 sentences)
• Why would it be useful to examine a country's balance-of-payments data? (2-3 sentences)
• Explain how to compute the overall balance and discuss its significance. (2-3 sentences)
• The public corporation is owned by multitude of shareholders but managed by professional managers. Managers can take self-interested actions at the expense of shareholders. Discuss the conditions under which the so-called agency problem arises. (2-3 sentences)
• Many companies grant stocks or stock options to the managers. Discuss the benefits and possible costs of using this kind of incentive compensation scheme. (2-3 sentences)
• Who are the market participants in the foreign exchange market? (2-3 sentences)
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.