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Introduction

When the United States of American sends ambassadors to foreign countries or signs a treaty with a foreign nation, it is said that the nation is practicing foreign policy. The constitution of the United States of American gives extensive powers to the congress on shaping the foreign policies. Although the law makers really interacts with other nations on foreign policies issues, the laws passed by the congress, the nomination and treaties approved by the senates has a great influence on the United States of America on how it interacts with other countries. There has been tension over the issues Continue reading...

Economic Risk faced by Lowes Corporation

The term economic risk refers to a contingency that the business activity of an entity will be affected by exchange rates, government regulations, political instability, et cetera. As for Lowes Corporation, although the company is headquartered in New York, United States, but it has a diversified range of operations in off-shore countries that expose it to the economic risk. For instance, one of the wholly owned subsidiaries of the company, Diamond Offshore Drilling Inc. exposes the company to the economic risk related to foreign exchange fluctuation. The subsidiary is likely to experience exchange losses when revenue received and expenses Continue reading...