As we learned in Week 6, your Project Sponsor informed you that you have to deliver your project much sooner than anticipated. When you break the news to your team, they are not happy with the decision for they are concerned that the project will now fail. Using the information that you learned from readings, what can you do as a leader to ensure your project team that this is the right thing to do? What will you do to motivate them?This is a discussion question which only needs to be answered in a minimum of 150 words.

1- In Chapter 2, you were introduced to various aspects of the international monetary system.In your own words, describe the evolution of the international monetary system up to through the flexible exchange rate regime. In your description, discuss the criteria for a “good” international monetary system.Also, be sure to support your answer by explaining why the stated criteria are necessay. (200-300 minutes word) 2- Go to the following website: Balance of Payments (Links to an external site.) (http://data.imf.org/regular.aspx?key=61280812). This website will provide you with the Balance of Payments information for any selected country. Select a country that begins with the first letter of your last name. For your country, report the balance on the current account, and the balance of the capital account. Based on the readings this week, are the accounts balancing? Be sure to reference the text for help in determining your countries balance of payments identity -(200-300 minutes word) 3- What makes a foreign exchange market different than a domestic market? Using examples, describe how forward markets and spot markets operate in the foreign exchange market.(200-300 minutes word) 4- Imagine visiting overseas, where you win the local lottery and can buy any foreign car you wish and will pay full retail price using the local currency, payable in three months. You have determined that you have enough cash at your bank in New York City, which pays 0.35 percent interest per month, compounding monthly, to pay for the car. There are two ways to pay for your car: Keep the funds at your bank in the United States and buy a forward contract to pay for the car. Buy a certain currency amount spot today and invest the amount in the foreign bank for three months so that the maturity value becomes equal to the price of the car. Analyze the two alternatives presented and make a recommendation on purchasing the car. How could this purchase opportunity be considered arbitrage? Be sure to provide calculations for your recommendation showing the best alternative. What are the advantages of the alternative that you have selected?(200-300 minutes word) 5- There are some risks involved with international transactions due to fluctuations of the foreign currency exchange rates. One way to mitigate those risks is through hedging. Discuss the hedging options: forward contracts and option contracts. What are the advantages and disadvantages of each alternative? What are the costs of each alternative? When is one alternative preferred over the other alternative?(200-300 minutes word) 6- It is generally not possible to completely eliminate both translation exposure and transaction exposure. In some cases, the elimination of one exposure will also eliminate the other. But in other cases, the elimination of one exposure actually creates the other. Discuss which exposure might be viewed as the most important to manage. What are the advantages and disadvantages of the common methods for controlling translation exposure?(200-300 minutes word)  7- Select one of the world’s largest banks as shown in Exhibit 11.1 in the text. Select a bank that no one has yet posted. What unique types of services does this bank provide to the international investor? Based on what you have read this week in the text, do you believe this bank could meet all your needs if you wanted to invest in that country. (200-300 minutes word) 8- Go to Bloomberg Market Rates & Bonds (Links to an external site.) (https://www.bloomberg.com/markets/rates-bonds) and review the “Americas 10 Year Government Bond Yields” section. What is the 10 year rate on a 10 Year US Bond? Then select a bond that is not an Americas bond.What is the yield on that bond? Should you pay more or less for that foreign bond in US Dollars? Describe in 200 – 300 words why you chose that bond and your calculations supporting your answer.(200-300 minutes word) 9- Discuss the advantages and disadvantages of closed-end country funds (C.E.C.F.s) relative to American depository receipts (A.D.R.s) as a means of international diversification. Why do you think closed-end country funds often trade at a premium or discount?(200-300 minutes word) 10-You are now aware of the importance of building a diversified portfolio to include foreign securities. One aspect of your international portfolio should be cash. Let’s assume you want to invest in a foreign country for 1 year. Go to Bloomberg (Links to an external site.) (http://www.bloomberg.com) and select the “Markets” section. Then select “Rates and Bonds” and click on a country to review its interest rates. Select a country to invest in for one year. Describe in 200 – 300 words why you chose that country and your expected yield for the next year