Suppose a US investor wants to invest in the foreign exchange market by buying a foreign currency today and selling it in a year. The following information is available to him:

In dollars, how much does a big mac cost in Japan and in Mexico? Show your work.

Explain the concept of the Big Mac Index. Which currency is over-valued? Which is under-valued?

Discuss the role of immigrants in the early19th Century market revolution and new market-based society it created? What were their contributions? How were they treated by those who had immigrated here before them? At the same time...discuss how "Nativism" as an ideology and a philosophy evolved in this period as a response to the arrival of these new immigrants. Has anything changed in how some Americans have viewed and treated the newcomers who have come to the United States in the 150+ years since the Market Revolution?

1. The condition of the labor market is a central focus of policy makers and households. Let’s consider the overall condition of the American market. Go the website of the Bureau of Labor Statistics, and look at the current summary of the employment situation of the United States (http://www.bls.gov/news.release/pdf/empsit.pdf ).
   1. Tables A and B summarizes the major labor data for the economy. Look over the data and highlight in a paragraph or two what is important over the past three months about labor conditions from both the household and the establishment surveys.

Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 25 years to maturity, and a coupon rate of 7.1 percent paid annually.

If the yield to maturity is 8.2 percent, what is the current price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Walmart is a huge retailer but gets only about a quarter of its sales from outside the United States. Coles is one of the largest retailers in Australia and gets very little of its sales outside Australia. Based on your research

What factors should these top retailers consider in choosing countries for internationalizing their operations?

What are the best markets for these firms to target for foreign expansion?

What types of questions should management at each firm ask in assessing its readiness to internationalize?

1. Citing the Digital Millennium Copyright Act (DMCA), Airbnb is challenging the New York law and others in the United States, arguing that it merely operates a digital marketplace, and thus is not responsible for the content that users place on its site. Do you think Airbnb has a strong argument? Why or why not?

2. Are you concerned that the concept of the sharing economy could be abused by unscrupulous “entrepreneurs” and thus give the entire novel concept a bad reputation? Why or why not? Explain.

USING EXCEL The XO Group Inc. conducted a survey of 13,000 brides and grooms married in the United States and found that the average cost of a wedding is $29,858 (XO Group website, January 5, 2015). Assume that the cost of a wedding is normally distributed with a mean of $29,858 and a standard deviation of $5600. What is the probability that a wedding costs less than $20,000? What is the probability that a wedding costs between $20,000 and $30,000? For a wedding to be among the 5% most expensive, how much would it have to cost?

1. What is meant by the term "The Plural Executive" as it relates to the position of Governor of California?

2. What is the line item veto? And, why and how did the California Governor acquire such power?

3. Compared to the President of the United States, the Governor of California has less visibility and public recognition. Yet, why is the Governor of California such a significant position?

4. What are more important and why, the Governor's formal or informal powers? Please refer to Box 6.1 on page 140 of the Anagnoson textbook for a listing of these powers.

The treasurer of a Dutch company operating in Thailand considers a one-year bank loan of $350,000 (US) with an interest rate of 8.885% (dollar based). The current spot rate is B42.84/$ and a local loan in Thai Baht (B) would carry a rate of 14%. Expected inflation rates are 4.5% and 2.2% in Thailand and the United States, respectively, for the coming year. If Thailand devalues the baht by 5%, what is the effective cost of funds in Thai baht terms?

8.30%

9.00%

11.50%

12.50%

For this Discussion, you are required to identify and review any article or journal dealing with why companies are no longer finding China a particularly attractive place today for manufacturing? Apart from the Trade War with the United States, are there any other reasons? You must give at least five reasons for your answer? How can the US take advantage of this changing economic and manufacturing environment of China to attract manufacturing back to the US? Give at least three (3) reasons for your answer.