European monetary system

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1. Discuss the major trends that have prevailed in international business during the last two decades.

2. Explain the arrangements and workings of the European Monetary System (EMS).

3. Why would it be useful to examine a country's balance-of-payments data?

4. Explain how to compute the overall balance and discuss its significance.

5. The public corporation is owned by multitude of shareholders but managed by professional managers. Managers can take self-interested actions at the expense of shareholders. Discuss the conditions under which the so-called agency problem arises.

6. Many companies grant stocks or stock options to the managers. Discuss the benefits and possible costs of using this kind of incentive compensation scheme.

7. Who are the market participants in the foreign exchange market?

Reference no: EM132895529

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