Monday, 3 August 2015

International Financial Management

Question 1 arguments
-Greece leaving EuroBetter recovery 
-Greece cheaper country to travel, shop, more purchasing power 
-Demand for foreign currency will drop 
-Patronization of local domestic cos of higher cost abroad 

Question 2 arguments 
-Reduction in cost will damage economy 
-Unemployment through downsizing will be bad 
-People have low purchasing power by receiving income 

Question 3 arguments 
-Appreciation of currency good and bad
-Positive; Greater purchasing power 
-Negative; Higher for foreigners looking to buy and invest
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