This report may come from ((The Economist, Wall Street Journal, New York Times, Financial Times, etc.)) These reports should, among other things, include an introduction, relevance of material to International Business Management and conclusion/managerial implication. The articles must bear obvious, and not peripheral relevance to international business. and the article should be recent. The Report must not be more than three (3) pages
I will attached my last report with the same instruction to give you an idea about the report ,
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Exchange rate plays a major role in a nation’s level of trade which is most important in the management of international business. International business management is always concerned with the United States economy relates to other economies. This is always in relation to how well exports and imports are handled and a managed. As countries across the world and their economies are becoming interdependent, foreign exchange market has become the main focus of the international business management. The foreign exchange market has by far become the largest international market. The exchanges in the foreign exchange market harmonize the trade framework of countries with different currencies. This aids in developing empirical estimates regarding changes in domestic prices and middlemen cost and measure by which they are transmitted in the international market (Coppola, 2018). It is therefore important to manage the risks associated with currencies fluctuations. What is witnessed currently is the consolidation of nation’s currencies to enjoy the benefits of using a single currency for a number of nations?
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