Argentine float. the argentine peso was fixed through a currency board at ps1.00/$ throughout the 1990s. in january 2002, the argentine peso was floated. on january 29, 2003, it was trading at ps3.18/$. during that one-year period, argentina's inflation rate was 19% on an annualized basis. inflation in the united states during that same period was 2.5% annualized. a. what should have been the exchange rate in january 2003 if ppp held? b. by what percentage was the argentine peso undervalued on an annualized basis? c. what were the probable causes of undervaluation?

Anheuser-busch inbev is considering you for an entry-level brand management position. you have been asked to prepare an analysis of the u.s. craft beer industry as part of the selection process. prepare a 3-5 page report that includes a description of the industry’s strategically relevant macro-environmental components, evaluates competition in the industry, assesses drivers of change and industry dynamics, and lists industry key success factors. the company’s management also asks that you propose the basic elements of a strategic action plan that will allow the company to improve its competitive position in the market for craft beer. you must provide a heading in your report for each of the required elements of the assignment.