1. How do international issues affect the role of the management accountant?
2. What is a foreign trade zone, and what advantages does it offer U.S. companies?
3. Define outsourcing, and discuss why companies may outsource various functions.
4. What are joint ventures, and why do companies engage in them?
5. What are maquiladoras? Why have so many U.S. firms joined forces with maquiladoras?
6. What is an exchange rate for currency? What is the difference between a spot rate and a future rate?
7. What is transaction risk? Economic risk? Translation risk?
8. Define currency appreciation. What impact does currency appreciation have on a company's ability to import goods?
9. What impact does currency appreciation have on a company's ability to export its goods?