We normally think of currency and banking risks as being something confined to third world or developing countries.

We normally think of currency and banking risks as being something confined to third world or developing countries. But events in the past few years such as the Euro crisis or the financial crisis in the United States have shown that not even wealthy, developed countries are without risks on the financial side. So it is important for any company doing business in your country to carefully consider the risks that they face.

After you've done some research about financial issues in your country, create 2- to 3-p. paper covering the following issues:

1. The currency of your country: Is it stable? Does your country have fixed or floating exchange rates? Does the exchange rate fluctuate a lot?
2. The banking system in your country: How safe is this system? Any recent banking crisis in your country?
3. Overall, does the financial system in your country make it easy or difficult to do business? What kind of steps would you recommend for a company doing business in your country to hedge or minimize its financial risks? Refer to at least one of the required readings from the background materials in your answer.

For your final SLP, pretend that an American corporation hired you to draft a report on whether or not they should enter the country that you have been researching for your Modules 1-3 SLP assignments. You have already done a lot of research on many of the cultural, financial, legal, and political aspects of doing business in your country, which you can use as part of your overall recommendation. However, you also need to consider other factors, such as the potential size of the market that your country has to offer. If your country has very few consumers, then it will not be a wise decision to enter the country no matter how strong the legal or political system.

One resource to use for your report is Michigan State University's Market Potential Index (http://globaledge.msu.edu/mpi/2014). This index focuses mostly on various aspects of the size or growth of the consumer market in each country, which should provide some valuable information in making your recommendation. But don't rely just on this index. Do some additional research on factors that you think make your country an attractive or unattractive market for an American company and use some of de Kluyver's (2012) guidelines on country selection as part of your paper.

When you have finished your research, a 2- to 3-with the following information:

1. What are the positive aspects of your country that would make it an attractive market for an American corporation? Consider all of the main factors that you researched regarding your country for Modules 1-3 plus additional research for Module 4 on market potential.
2. What are the negative aspects of your country that would make it an unattractive market for an American corporation? Consider all of the main factors that you researched regarding your country for Modules 1-3 plus additional research for Module 4 on market potential.
3. Overall, what is your recommendation for the American company that hired you to create the report? Do the positives outweigh the negatives? Or vice versa? Explain your reasoning.

On the Country South Korea