ECONOMICS
ECONOMICS
Paper instructions:
Using the attached data (Big Drive Auto) write a paper addressing the following issues in the context of the scenario
o In your planning, how would you deal with the uncertainty in macroeconomic forecasts?
o How do business cycles affect the performances of Big Drive Auto (or the organization of your choice)? What could the organization do to mitigate any undesirable effects of business cycles?
o Identify to what extent tariffs or quotas would affect international trade in your product.
o How would you pay for imports, receive payment for exports, and manage exchange rate risk?
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