Cost Management 6th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins

Exercise 4

Foreign Currency Exchange Rates
The Web site shown below provides historical information on the exchange rates of currencies used throughout the world. Review the changes in exchange rates for the last few years. w w w. fe deralre serve. gov/ releases/H10/hist/
Required (choose 1, 2, or 3):
1. Which Asian countries have experienced changing exchange rates relative to the U.S. dollar in the recent few years, and what are the implications of this trend for global companies such as Amazon.com or General Electric
2. Most European countries now use the euro as the currency for international exchange. Study the recent trends in the euro and determine the implications of this trend for global companies such as Wal-Mart.
3. Which North American countries (other than the U.S.) have experienced changing exchange rates relative to the U.S. dollar in the recent year, and what are the implications of this trend for global companies such as Ford Motor Company