In: Operations Management
Thumbs Up Will Be Given For Answer.
Chapter Topic: The Organization and Governance of Foreign Operations
Please find an INTERNATIONAL BUSINESS article to use. By doing so, YOU NEED to please visit websites such as Reuters, Bloomberg, Wall Street Journal, etc, and put in the keywords "International Business" and the chapter topic "The Organization and Governance of Foreign Operations" on the website. You NEED to choose a relevant and interesting article that was made within the PAST COUPLE MONTHS that has to do with "International Business" and the chapter topic "The Organization and Governance of Foreign Operations". ***MUST INCLUDE LINK FOR ARTICLE USED PLEASE*** (2-3 paragraphs please)
Question:
A) Key international business dimension for the article?
B) How this article relates to the chapter topic "The Organization and Governance of Foreign Operations"?
C) Why this article got your attention?
Answer-
The key article shows the dimension that how US rates are expanded
because of this Global pandemic. The worldwide pandemic prompts
expanded conversion standard of US dollar that each nation needed
to have USD in their save. The national Bank of India chose to
handle this circumstances by opening a window from where it can get
$2 billion at a expanded conversion scale to address the issues of
import. This has fallen the cost of INR by 4.07%.
This article identifies with our Topic Markets for outside trade
since we learned in our course how paces of money relies upon
circumstances like universal exchange, exchange deficit and
globalization. The fall of INR and increment in USD in the light of
the fact that Import in India is more and USD is one of the
volatile money which should be saved by large banks like national
banks of nation.
This article stand out for me since we as a whole is confronting
worldwide COVID-19 pandemic circumstance, so I need to see its
impacts on money, and trade rates. I need to perceiving how this
infection disrupt the conversion standard arrangement of other
remote nations. How legislature of numerous nations are managing
import , fare and cash trade to handle this circumstances.
Ref-
As corona virus frightens markets, RBI reports $2 billion cash shot
from monetary occasions distributed on Mar 12, 2020