Risks associated with doing business internationally

Finance
1. What are some risks associated with doing business internationally? Given these risks, why do companies engage in international business?
2. Explain the difference between a spot and a forward rate of exchange.
3. If Citigroup, based in the United States, makes loans to a German corporation in Euros, which would benefit the most from a weaker or stronger U.S. dollar? Explain.
4. Briefly discuss how an increase in the value of the U.S. dollar would impact
a) A US investor with significant foreign investments
b) A foreign investor with significant US investments
c) The U.S. consumer
d) A US-based manufacturer that sells its products internationally
e) A foreign-based manufacturer that sells its products in the US.

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