Term Brief: Each student will write a strategic assessment on one of the following:
Option 1: Focus on the Chinese Yuan
With reference to a home country of your choice, assess the impact of the USD/Yuan exchange rate on companies in that home country. The paper should contain 1) an overview and update on the relation between the Chinese Yuan and the US dollar, 2) discussion of threats posed by the exchange rate and related trends to home country companies, 3) discussion of opportunities posed by the exchange rate and related trends to home country companies, 4) recommendations for national policy that the home country should adopt to effectively respond to the emergence of of the Yuan as an influencial currency, and 5) recommendations to home country companies on actions they should take to effectively prepare for various scenarios related to the Yuan.
Option 2: Focus on the Euro
With reference to a home country of your choice, assess the impact of the Euro on companies in that home country (preferably outside the Euro-zone). The paper should contain 1) an overview and update on the implementation of the Euro, 2) discussion of threats posed by the Euro to home country companies, 3) discussion of opportunities posed by the Euro to home country companies, 4) recommendations for national policy that the home country should adopt to effectively respond to the emergence of the Euro, and 5) recommendations to home country companies on actions they should take to effectively respond to the emergence of the Euro.