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Please answer all case questions. Use APA (American Psychological Association)
Please answer all case questions. Use APA (American Psychological Association) style for in-text citations and references for all course assignments. Outside research from a minimum of two credible sources in addition to the course text are required.
1. Why was Egypt experiencing economic difficulties in the 2013-2016 period? To what extent were these problems the result of poor governance and economic mismanagement?
2. Why do you think Egypt pegged its exchange rate to the U.S. dollar? When the peg was removed in November 2016, the Egyptian currency immediately fell by 50 percent against the U.S. dollar. What does this tell you about the peg?
3. What was the IMF trying to achieve with the conditions attached to its loans to Egypt? If implemented correctly, do you think they will ultimately improve Egypt’s economy? Why might these conditions be difficult for Egypt to implement?
4. What else do you think needs to happen in Egypt, both politically and economically, in order for the country to grow its economy and increase living standards for its people?
Hill, C. W. L. (2016). International Business: Competing in the Global Marketplace. McGraw-Hill Education
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