Understanding Exchange Rates and their impact on Management Financial Decisions.

Understanding Exchange Rates Section I - Introduction Section II - Definitions and Examples Section III - Systems and History Section IV - Government Interventions and their Effects Section V - Effects of the Exchange Rate on International Trade Relationships Section VI - Other Related International Trade Considerations Section VII - Conclusion Section I - Introduction <Tab/>Understanding the relationships among world currencies is vital to successful operations in a global economy. …

…D., & Reuer, J. J. (1998). Firm Strategy and Economic Exposure to Foreign Exchange Rate Movements. Journal of International Business Studies, 29(3), 493-513. Kate, B. (2002). The Exchange Rate and International Trade. College Term Papers.com. Retrieved May 16, 2004, from http://collegetermpapers.com/TermPapers/Economics/The_Exchange_Rate_and_International_Trade.shtml Kenen, Peter B. (1994). The international economy. (3rd ed. Ch 1-2). New York: Cambridge University Press. Bailey, G. (2003, January). Hedging foreign assets and earnings. Corporate Finance, 222, 34-36.