Cash Flows of Multinational Corporations Assignment

Cash Flows of Multinational Corporations - Assignment Example Forward contracts are very helpful if a party is looking for hedging. A party can also make currency option contracts to protect itself from fluctuating rates. A country has the option to adopt an exchange rate system of its choice. It looks to adopt the system that works best in achieving current account equilibrium. Exchange rates also influence inflation and interest rates of a country which is why the central banks seek some involvement to control the exchange rates. Q2 In the context of international trade, absolute advantage is the ability of a country to use a similar amount of resources as other countries and produce more of a product. On the other hand, comparative advantage is a country’s ability to produce more of a product than other countries at a lower opportunity cost. (Findlay, 1987) Suppose that there are two countries A and B. Country A produces the amount of wheat in 10 hours which is produced by country B in 15 hours. Also, country A produces that much rice in 10 hours which is produced in 15 hours in country B.  Now it is supposed that country B can produce one bushel of wheat in 5 hours and 1kg of rice in 10 hours. On the other hand, country A produces 1 bushel of wheat in 3 hours and 1kg of rice in 1 hour. Once again, country A is more productive than country B. However, for country B, the cost of producing one bushel of wheat is half kg of rice. For country A, the cost of producing one bushel of wheat is 3kg of rice. It means that the opportunity cost of the production of wheat is lower for country B than country A in terms of the kilograms of rice that are to be given up. Therefore, country B has a comparative advantage in producing wheat. Similarly, for country B, the cost of producing 1kg of rice is two bushels of wheat. For country A, the cost of producing 1kg of rice is one-third of a bushel of wheat. Hence, country A has a comparative advantage in the production of rice. Now, if the two countries decide to trade one bushel of wheat with 1kg of rice, country B can specialize in the production of wheat, while trading some with country A, and country A can specialize in the production of rice trading some of it to country B. Now, country B can shift the hours of producing rice to wheat which would result in the production of 2 bushels of wheat which can be exchanged for 2kg of rice. Similarly, country A can reallocate the hours used in the production of wheat to the production of rice hence resulting in the production of 3kg of rice which can be exchanged for 3 bushels of wheat. Therefore, both countries gain from trade where there is a comparative advantage. (Ricardo, 1821)

Review of asian art performance Movie Example | Topics and Well Written Essays - 1000 words

Of asian art performance - Movie Review Example Immediately the background vocalists finish singing BhÄ «ma comes and starts destroying the kadili groves. BhÄ «ma finally see Hanuman lying on the way. BhÄ «ma starts wondering who was blocking his way. To BhÄ «ma the person lying on the way looks like an old monkey.BhÄ «matries all he can,including threatening Hanuman but he is eventually unable to get Hanuman out of his way. This performance makes good use of dramaturgy and dance. This is a common characteristic of Indian classical dance forms. It can be seen that in most parts of the performance.The performers make good use of dancing and acting to bring forward the message that intended. It is only during the few occasions that the background singers can be heard coming into the performance with songs that are aimed at giving more details to the performance (Vatsyayan 78). It is through dancing and acting that you can actually get to know that Hanuman tries to imitate an old monkey and that that BhÄ «ma is highly offended by the fact that â€Å" an old fat monkey† lies on his way and refuses to heed to his orders despite that fact that he is royalty. The kind of performance seen in this video really show that the actors use physical stamina, skills, and concentration. It can also be noted that there is extensive use of finger gestures to communicate messages in this performance. Another notable thing about this performance is the choice of costume. Both actors receive different costumes so that their nature can be communicated. Hanuman wears a costume that is hairy at the arms so that there is the ease in associating him with a monkey. Another thing is that BhÄ «ma has attire that has been able to show his royalty.On his head he is wearing a crown and his gown has some golden accessories at the neck. These golden accessories can be said to have been purposely included in the costumes so that audience should be able to associate BhÄ «ma to affluence or royalty. Looking at the makeup used on both actors you