This article explains currency overvaluation and undervaluation and reveals the means through which currency valuation can be measured. The benefits, costs, and consequences of currency overvaluation and undervaluation, including its implications for global trade are presented. Currencies such as the Chinese Renminbi and the Indian Rupee are discussed in detail.
The global health pandemic and the ensuing global recession has caused unprecedented uncertainty, risks, and devastation to individuals, families, societies...
We examine Starbucks’ entry strategy in India, as well as the antecedents to the entry. Employing Dunning's eclectic paradigm and Ghemawat's AAA framework...