What is landed cost in dollars of four-part transaction

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1. An oil company has agreed to buy oil from Russia at 1,800 Rubles per barrel. Have it shipped to Amsterdam by a Norwegian shipping line for 20 Krones per barrel. The oil will be refined in Rotterdam for 20 Euros per barrel. Finally, a Philippine shipping line will bring gasoline to Miami for 200 Philippine pesos per barrel. What is the landed cost in dollars of this four-part transaction? Please show your calculations

2. Why do you think management at Volkswagen decided to hedge only 30 percent of their foreign currency exposure in 2003? What would have happened if they had hedged 70 percent of their exposure?

3. Read Chin, Gu & Tubbs, 2001. Describe the levels of global leadership competencies. Identify the level where you feel you are operating and what steps do you think you need to take in order to reach the next level?

Reference no: EM132252770

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