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Choose one of the following topics. Prepare a minimum 1,050 word paper in which you analyze one of the following global financing and
exchange rate topics:

• Purchasing power parity and the Big Mac index
• Currency hedging
• Hard and soft currencies
• Countertrade
• Financing via letters of credit and EXIM Bank and commercial banks
• Tariff and nontariff barriers
• Roles of international financial institutions (e.g. IMF, World Bank, ADB, etc.)
• Euro currency markets

Define your selected topic.

Explain how your topic is used in global financing operations and describe its importance in managing risks.

Accounting Basics, Accounting

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