In this two-page assignment please evaluate and assess the Suez Canal blockage and shutdown in the recent
past. Link the situation to what you have learned in this course on international finance.
The paper should be APA compliant (with references on page 3). This means name on the paper, doublespace, in-text citations, etc. You should have at least three sources (one must be either the textbook or a
scholarly source- I have attached a pdf copy of some chapters of the textbook).
Please observe the following format for this assignment:
Brief introduction in which you summarize the situation
Discuss how this relates to international finance (based on what you learned in the entire course)
o Must make at least three linkages between the Suez situation and our course concepts. Explain.
Ex: 1. Globalization, chapter 1
2. change on price of oil future contracts https://finance.yahoo.com/news/suez-canal-blockage-could-mean-forglobal-trade-112412918.html
2. Inflation and interest rate risk.
https://www.afr.com/chanticleer/why-central-bankers-won-t-be-laughing-at-suez-mess-20210325-p57dwl
3. Political Stability, Country Risk Analysis chapter 6
4. hedging
Conclude by discussing the implications of this crisis on global business for the balance of 2021 and into
2022.
o Must make at least two linkages between the crisis and other business concepts (other courses, e.g., supply
chain/operations, etc., if applicable). Explain.