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Unit VI Scholarly Activity Complete both parts of this assignment and submit as a single document. MBA 6601, International Business 5Part OneYour company is deciding to expand to the following countries, and you and two other managers will have to visit thesecountries to set up operations. You have $1,500.00 to convert in each currency. Copy and paste this table into a newdocument and compute the following:Country/currency USD value/rate (as of 08/14) Exchange amountJapanese yen $102.28Euro $0.75British pound $0.60Utilizing the same exchange rate, while you are visiting each of these countries, you have to buy supplies/equipment foryour operations; you want to determine what it is costing you in U.S. dollars. Please compute the following:Japanese yen Computer (¥167,000.00) $Euro Desks/chairs (€1,125.00) $British pounds Printer (£575.00) $Part TwoRespond to the following questions. Not counting Part One, your paper should be three pages in length, double spaced,and use APA style guidelines.1. Within the past decade, the IMF has provided financial assistance (bailout) to Greece (2010, 1st quarter), Iceland(2008, 4th quarter), Ukraine (2014, 2nd quarter), and Hungary (2008, 4th quarter). Describe the recovery processin each country as a result of this assistance. Also determine whether or not there was an increase/decrease in:? GDP,? inflation, and? unemployment.Information about accessing the Blackboard Grading Rubric for this assignment is provided below.
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