AFM333 Lecture Notes - Lecture 3: Foreign Exchange Risk, Country Risk

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM333
• Professor: Mark Anarson

Document Summary

Agenda: presentation assignment, participants in international business. Top 12 quizzes out of 15 lowest 3 will be dropped. Email edison if need to attend the 4:00pm section (ex. for job interview etc. ) The presentation should describe that country"s/region"s position in the global economy and its attractiveness as a market or a source of resources. In general it should include information such as: What are the strengths and weaknesses? (what industries/exports) Can finish up with cultural aspects (what it is like to live and work there) Presentations will be evaluated based on: content (60%, presentation (40%) (more to come next week) 4 different risks (framework to include in presentation) Ongoing economic integration and growing interdependency of countries worldwide. Performance of trade and investment activities by firms across national borders. Four reasons mne"s invest abroad: market seeking, efficiency (cost) seeking, resource seeking (natural resources, knowledge seeking. Country risk: russian corruption (very high), low on index.