Any topic (writer’s choice)

Please answer the following questions for the competitive footwear industry that you are participating in as part of the BSG simulation:

1. What are two advantages and two disadvantages of a firm taking a “passive” approach to exchange rates in the footwear industry?

2. What are two ways in which a company can utilize geographic differences in import tariffs to its advantage in the footwear industry?  What are two key risks of this approach?