Global Citizens

 

Suppose that, as a financial analyst, you are tasked with evaluating Blades, a U.S. manufacturer of
roller blades. In the assignment, you provide the chief financial officer (CFO) of Blades a better
understanding of the process of government intervention and its impact on Blades’ international
business. The company generates most of its revenue and incurs most of its expenses in the United
States. However, it has recently begun exporting roller blades to Thailand. You will provide a
report that includes your assessment of the Thai government intervention and its impact on the
exchange rate of baht. You are asked to analyze the following issues and provide solutions to
Blades.
 Discuss whether the intervention effort by the Thai government constitute direct or indirect
intervention.
 Discuss whether the intervention by the Thai government constitute sterilized or nonsterilized
intervention and the difference between the types of intervention.
 Which type of government intervention (sterilized vs. nonsterilized) do you think would be
more effective in increasing the value of the baht? Once you choose one of the types, justify
your answer.
 If the Thai baht is virtually fixed with respect to the dollar, what would happen to the U.S.
levels of inflation?
 What are some of the potential disadvantages for Thai levels of inflation associated with the
floating exchange rate system that is now used in Thailand?

 

Sample Solution

reason in the huge success of the series. The characters vary from simple individuals living up in the worst circumstances, to prosperous and royal families seeking command and control of lands and cities. the uncommon criteria of Martin’s characters are that they are being presented as grey rather than white or black, a mischievous character for example can perform a noble deed and inversely. Erik Germani sates that the easiest method to create an interesting character is to provide him with more page time then set them in interesting situations which is exactly what Martin does “unconsciously”. his characters are given the opportunity to be portrayed from their own point of views in some parts of the novels which made them more realistically human having both positive as well as negative qualities.
Territory
In an interview with Laura Miller on 92YPlus,Martin states that the map creation in his world of Ice and Fire was ongoing throughout his writing period “ you know when I began back in 1991 I had probably written about 50 pages I said oh I better creates a map so I know where I am. Maps are necessary to fantasy I think ,I know some critics occasionally have sort of made mock them up but if you’re creating a secondary world ,you really need them […] if I am writing straight historical fiction and my character in Ireland says I must go to France, you don’t need a map. I know where France is but in my world if a character says I am going to Dorne, you don’t know if Dorne is the next village or you know halfway around the world, you better have a map so these things the characters are saying make some sense.so I created a map which was basically simple and as the story continued I started adding more and more places to it […] we did the map book lands that the ice and fire which involve considerably more map creation …”
The world of A Song of Ice and Fire is made of three continents: Sothoryos, Essos and Westeros. While all the action in the novels takes place in Westeros and Essos. the latter is mostly similar to Asia, and Westeros is Britain for the division of the seven kingdoms, with a lord in each of these realms is much like the seven kingdoms of England consisting of North Umbria, Mercia, East Anglia, Kent, Essex, Sussex, and Wessex.

Figure.1
Speaking at Comic-Con in 2014, George R.R. Martin answered a question about the so

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