1 Flashcards
spot price
current price at which a particular security can be bought or sold at a specified time and place
real GDP growth
is the GDP goth calculated with stable prices (no inflation)
GDP
Value of all final product or service that are produced in a space (country) during one period of time (e.g year).
headline inflation
is a measure of the total inflation within an economy
core inflation
is the long run trend in the price level. (temporary shocks are not included and certain goods with high price volatility are left out)
account balance
balance of trade + net factor income from abroad + unilateral transfer from abroad
budjet balance
are represent the spending and revenues of a government in one year (balance = equal)
crawling band
specified upper or lower bound within which an exchange rat is allowed to fluctuate
capital flight
phenomenon in which a large number of individual & companies exchange domestic corrects for a foreign currency
H214
H2 | 14 second half of year 2014
Q = quota
connection country situation and economic development
poor infrastructure (transportation)
TI & telecommunication problems
education system
factor that influence exchange rate
Money supply interest rate investor phycology balance of payment relative price differece
role of ITM
- promote international monetary cooperation, exchange stability and orderly exchange arrangements
- foster economic growth
- temporary financial assistance to members
pros + const of ownership vs. contractual relationship
ownership:
benefits: equity ownership rights, management control rights
contractual rel.: only management control
point that should be considered before a firms decides fro either outsourcing or FDI
- core competences
- important of performance which be be done abroad for core mission
- availability of oversea talents to performs
- impact on you brand image and quality control