Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins

Exercise 45

Foreign Currency Exchange Rates The websites shown below provide historical information on the exchange rates of currencies used throughout the world. Review the changes in exchange rates for the last few years.
www.federalreserve . gov / releases / H10 /hist /
www.xe.com /ucc /
Required (choose 1, 2, or 3):
1. Which Asian countries have experienced changing exchange rates relative to the U.S. dollar in recent years, and what are the implications of this trend for global companies such as General Motors
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 Walmart.
3. Which North American countries (other than the United States) have experienced changing exchange rates relative to the U.S. dollar in the past year, and what are the implications of this trend for global companies such as Ford Motor Company