However, some may go a step farther and feel that the risks are too many

Some reading the case may reach the conclusion that international markets have many risks and that changes in currency values is one of them. They would be right of course However, some may go a step farther and feel that the risks are too many and too great, thus a firm should focus only on domestic markets. You need to help them understand he difference between avoiding risks (not doing anything that contains risk) and risk avoidanc via risk management. ADDRESS THE FOLLOWING Why is the value of the yuan relative to the dollar so important? If you were the CEO of Wal-Mart and were preparing for a meeting with the most vocal member of the US Congress on China’s currency “manipulation” what would you say to them? Assuming that the yuan will appreciate further against the dollar, what should Wal-Mart do? If you were an exporter from Argentina, Indonesia, Malaysia, or South Korea and selling to China, would you accept payment in yuan (instead of dollar)? REQUIREMENTS Write between 750 – 1250 (approx 3-5 pages) using Microsoft Word in APA style. Include cover and reference pages. Use at least three references Cite all material (data, dates, graphs, quotes, paraphrased words, valus, etc.) in the paper and list on a reference page References must come from sources such as, CNN, online newspapers such as, The Wall Street Journal, govt websites, etc. Sources such as Wikis, Yahoo Answers, eHOw, blogs, etc. are not acceptable. Purchase the answer to view it