Mgt 448 week 5 individual assignment global financing and exchange

Choose one of the following topics. Prepare a 1,050- to 1,750-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.

Format your paper consistent with APA guidelines.