Select one of the gioven topics make 1050- to 1750-word

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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.

Reference no: EM13459914

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