Mention the features of the Fixed Parity System of exchange rates.
What do you understand by Purchasing Power Parity (PPP) and Interest Rate Parity (IRP)? Explain with examples.
Describe different types of foreign exchange exposure and discuss the techniques to manage these exposures.
Why does the cost of capital for MNCs differ from that of domestic firm?
Explain the characteristics of capital budgeting for multinationals. Why a foreign project should be evaluated both from a project and parent view point.
