BNAD 100 Lecture Notes - Lecture 11: Mexican Peso, Financial Statement, North American Free Trade Agreement

• School: University of Arizona
• Department: Business Administration
• Course: BNAD 100
• Professor: Rob Mateucci

Document Summary

5 years, from 13. 2 pesos to the $ in april 2012 to 18. 7 today. Mexico--has a significant impact for you personally as a consumer: k * 13. 2 = 13. 2 mx 330k, k * 18. 7 = 18. 7 mx 470k, this, in turn reduces exports of us goods into mexico (because its more expensive). In large part because of the devaluation of the us $ Over the past 2 years, the us $ has generally strengthened vs most major foreign currencies (euro, uk pound, chinese yuan), which has negatively impacted reported earnings for us companies doing business abroad. Increases in us interest rates can draw foreign investment for those seeking higher returns. Changes in trade agreements between countries can have an impact on the flow of goods and services between countries and the gdp trends of involved regions(eg brexit, nafta) Price of oil also affects the price of plastic resin, and other goods.