Global Markets – Emerging Trends
In these tough economic times, many people have no choice but to turn to their credits cards to pay some bills. Most economists argue that this is not a financially prudent course of action. Credit cards companies have long been accused of being less than
October 4, 2020Marketing 1
October 4, 2020You are the CFO of a US firm whose wholly owned subsidiary in Mexico manufactures component parts for your U.S. assembly operations. The subsidiary has been financed by bank borrowings in the United States. One of your analysts told you that the Mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. What actions, if any, should you take?
Be sure to incorporate concepts that were taught in the attached Powerpoint slides:
