Compare foreign exchange brokers and foreign exchange


Part 1

Provide a brief description of the Foreign Corrupt Practices Act (FCPA) and recent anti-corruption efforts by International organizations.

Identify and explain two or three serious consequences for the firm if it fails to comply with the FCPA and other anti-corruptions efforts.

Discuss consequences beyond any statutory penalties.

Part 2

Write a section for the New Hire Handbook describing the foreign exchange market. In this section, you will:

Describe the spot market.

Compare foreign exchange brokers and foreign exchange dealers.

Distinguish the terms direct quotes, indirect quotes, and cross-rates.

Provide an example of a cross-rate calculation, that is, calculate the cross-rate of Argentinean Peso to Euro.

Write a 2-3-page paper in Word format. Utilize at least two-to- three scholarly sources in your research. Make sure you write in a clear, concise, and organized manner; demonstrate ethical scholarship in accurate representation and attribution of sources; and display accurate spelling, grammar, and punctuation. Use the APA format.

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Accounting Basics: Compare foreign exchange brokers and foreign exchange
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