Business

 

Currency Rate Changes from an Importer’s Point of View

In class we discussed the hypothetical exchange rates between the US$ and the Mexican Peso. We assumed that the exchange rate will be 10 Pesos to $1, as the original rate. Then we assumed that the Peso is depreciated, and it will cost 20 Pesos to buy $1 US. We looked at the same problem if the Peso appreciates compare to the dollar, and 5 Pesos will equal $1. We looked at this problem from a Mexican firm’s point of view. No let’s see how appreciation or depreciation of the Dollar affects the American importer. >>>

Global Political Environment

The global political environment is very dynamic, and has an enormous effect on the economic environment. In today’s globalized business environment there are thousands of multinational companies. For a company to be successful, its management needs to analyze the political situation of every country the organization is doing business in. A company cannot successfully operate both in China and Germany if it’s using the same operating strategies, but it has to adapt to their specific political climate. >>>

Is the Global Economy in a Boom or in a Bust?

When we’re talking about global economy we have to consider individual countries or regions, because while one region shows positive signs, another one might be in a big trouble. Of course one of the most significant countries in the world to affect global economic matters is the United States. >>>

How Regional Trade Agreements are Promoting Growth in International Trade?

Regional trade agreements are extremely important in promoting growth in international trade. In fact it is the primary objective of any trade agreement. We’re talking about regional trade agreement when more then just two country (bilateral trade agreement) is involved. >>>

Chinese Economic Development

As people’s living standard hes been continuously improving as a result of the ongoing economic reform, the Chinese economy has lifted millions of people out of poverty and created a middle and an upper class that are buying cars. >>>

How Companies Treat Work Place Diversity

Doing my research, I found two companies where diversity is a core value. The first company I will introduce is Intel, the second is IBM. Intel Corporation is a leader in the computing and communications market. Intel technology adds value to the lives of personal and business users-as corporate citizens in a global economy. They believe that opportunities to learn and participate in an increasingly technical world should be open to all people. >>>

The Economics of Globalization

It’s a Flat World, After All
“When the world is flat, you can innovate without having to emigrate.”
Just about every day we hear about globalization but this article is opening our eyes about what were the events that were the results of the “Flat World”, how poor countries will benefit and how Americans are challenged from it. >>>

Hungarian Economy in the European Union

The nation of Hungary is a country that has come a long way in a short period of time. In the years since the fall of communism in 1989, Hungary has managed to establish an extremely prosperous economy and population. Because of this, Hungary has developed into one of Eastern Europe’s most attractive business environments. The level of political, structural and economic stability it has achieved demonstrates the success of its transition into a modern market economy. >>>