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FIN 40500: International Finance

FIN 40500: International Finance. Pop Quiz. Question #1 – an easy one!. What is the official currency of Germany?. The Euro. When was the Euro introduced and what the official German currency before the Euro?.

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FIN 40500: International Finance

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  1. FIN 40500: International Finance Pop Quiz

  2. Question #1 – an easy one! What is the official currency of Germany? The Euro When was the Euro introduced and what the official German currency before the Euro? Germany used the Deutsche Mark until January 1st 2002 when Euro notes/coins were put into circulation (the Euro transition began in 1999) – 1.995 DM = 1 Euro

  3. Question #2 – membership has its privileges! Name the Euro Countries (hint: there are 12) Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain Will Join…. (2007 Slovenia (2008) Estonia, Cyprus, Latvia, Malta (2009) Slovakia, Lithuania (2010) Czech Republic, Hungary (2011) Poland (Not Before 2012) Sweden (???) Bulgaria, Romania

  4. Question #3 – Do you know your current events? What is the Euro currently trading at and what has the EUR/USD history been? Currently, 1 Euro = 1.2826 U.S. dollars After hitting an all time high against the Euro in October 2000 (.8525 dollars per Euro), the dollar has been on a steady decline

  5. Question #4 –Ready for the “Big Time”? Name the six most widely traded currencies (also know as “The Majors”) in order of trading volume US Dollar (USD) British Pound (GBP) Euro (EUR) Swiss Franc (CHF) Japanese Yen (JPY) Canadian Dollar (CAD) How about #7? Australian Dollar (AUD)

  6. Question #5 – Do you REALLY know your currencies? Name each country’s currency… Israel N. Korea Cuba China Iran Shekel Rial Won Peso Yuan Renminbi Ready for a REAL Challenge? Venezuela Thailand Saudia Arabia India Sweden Bolivar Krona Baht Riyal Rupee

  7. Question #6 – International Business Name the top five multinational companies in terms of foreign assets General Electric: $229B ($575B Total) Vodaphone: $207B ($232B Total) Ford: $165B ($295B Total) British Petroleum: $121B ($159B Total) General Motors: $107B ($370B Total)

  8. Question #7 – Monkey See, Monkey Do Match Each Group of Countries to the Currency to which it is tied Saudi Arabia Chad Poland Ecuador Senegal Brazil Syria Bosnia Columbia South Africa Panama Mali Ukraine Niger Turkey Neither

  9. Question #8 – Currency Market Players Name the 5 largest companies (in terms of overall market share) in the foreign exchange market (combined, they comprise HALF the market!!!) Deutsche Bank: 17% UBS: 12.5% Citigroup: 7.5% HSBC: 6.5% Citigroup: 6.0%

  10. Question #9 – Do you want fries with that? Rank the following cities in terms of the average cost of fast food. London Tokyo Rome Paris Los Angeles 3 5 4 2 1 $3.37 $2.42 $3.23 $3.59 $4.53 How about a bottle of aspirin? London Tokyo Rome Paris Los Angeles 3 1 2 4 5 $19.49 $31.99 $23.65 $17.37 $13.11

  11. Question #10 – Currency Risk How would you rank the following industries in terms of the amount of currency risk they face? Aerospace .034 Motor Vehicles 1.168 Crude Oil/Petroleum -.74 Tobacco -.76 Pharmaceuticals -1.272

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