Posted: September 3rd, 2015

Scholarty activity

Your company is deciding to expand to the following countries, and you and two other managers will have to visit these countries to set up operations. You have $1,500.00 to convert in each currency. Copy and paste this table into a new document and compute the following:
Country/currency
USD value/rate (as of 08/14)
Exchange amount
Japanese yen
$102.28
Euro
$0.75
British pound
$0.60
Utilizing the same exchange rate, while you are visiting each of these countries, you have to buy supplies/equipment for your operations; you want to determine what it is costing you in U.S. dollars. Please compute the following:
Japanese yen
Computer (¥167,000.00)
$
Euro
Desks/chairs (€1,125.00)
$
British pounds
Printer (£575.00)
$
Part Two
Respond to the following questions.
1. Within the past decade, the IMF has provided financial assistance (bailout) to Greece (2010, 1st quarter), Iceland (2008, 4th quarter), Ukraine (2014, 2nd quarter), and Hungary (2008, 4th quarter). Describe the recovery process in each country as a result of this assistance. Also determine whether or not there was an increase/decrease in:
 GDP,
 inflation, and
 unemployment.

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