THE GLOBAL BUSINESS AND FINANCIAL ENVIRONMENT CONTENTS: Page 3Question 1 Page 8Question 2 Page 11..Question 3 Page 15..Question 4 Page 18..Question 5 Page 24...Reference List Question 1: Explain the events that caused Endaka during the Plaza Accord in 1985. What were the implications of Endaka on the Japanese Motor Industry? 'Endaka' or the high yen was caused by the interplay of several economic fundamentals - the rise of Japan as an economic and manufacturing superpower, the consumption and debt burdened economy of the US, the trade surpluses and deficits that accompanied net exporters or importers, and lastly the leadership policies of these respective countries in terms of currency intervention and global trade restrictions. The 'strong dollar' policy After the collapse of the 'Bretton Woods System' (a conference in which 44 countries repre......

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