GMS 723 Lecture Notes - Lecture 6: Forklift, Country Risk, Foreign Exchange Risk
11 Nov 2015
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Accepted all members of wto and practitioners of international trade. Very clear and cannot be argued if agreed upon. White external risk: can impact business when it changes. Shuttle louis: highest risk to me. Is the ones that back in jordan ontario: lowest risk to me. Waiting for and shows up in the back door. Need to be updated what will effect my business. You can control, money related or people related. I can control recruitment: as china moves its growth of economy 2nd largest, better know mandarin. May look at research and investment in technology: white, external risk, need to know what happened when it change, gives name to risk, most common to exporting is financial foreign exchange risk. My age group doubled participation his age group doubled participation. Lecture 6: devalue of currency, two reasons. Uncertainty risk: exporter higher currency risk. If dollar goes up it will cost more.
