Case Questions

According to the case, which year does the depreciation of the Korean Won start?

• 2018

• 2019

• 2020

• 2021

Which one is NOT the reason that the Korean won declined against the US dollar?

• American Tariff

• Free trade

• Investors

• COVID-19

Who offered a new warning about the currency's recently weakening?

• Kim Jong Un

• Park Yang-Woo

• Cha Eun Woo

• Hong Nam Ki

Which country are Korea's largest trading partner?

• Japan and Canada

• Australia and Mexico

• USA and China

• Malaysia and Philippines

What is the fluctuation in exchange rates from 1 dollar = 1200 won to 1 dollar = 1088 won called?

• The dollar is depreciated while the won is appreciated

• The won is depreciated while the dollar is appreciated

Firms should respond quickly to foreign exchange movements in order to ...............

• Avoid losing their exchange rate

• Set the new prices for the services and products

• Inform the customers

• Loan more money

A company must devise a system to ensure that t maintains an adequate balance of .......... and .......... for avoiding foreign exchange risk.

• strategies and law

• resources and time

• time and monthly report

• tactics and strategies

What are the causes that make Korean air and Asiana air foreign exchange losses?

• jet fuel which is priced in US dollars and dollar-denominated debt

• impacts from the Covid 19 pandemic

• there are fewer customers flying with these airlines

• jet fuel which is priced in won and dollar-denominated debt

The purpose of the annual report is to provide the corporation department with ............. information.

• last year

• next year

• up to date

Which airlines have been mentioned in the case?

• Korean Air & Airbus

• Boeing & Airbus

• Asiana Airlines & Korean Air

• Boeing & Asiana Airlines