Hi, for the first part please have 600 words. Please talk about the Balance of P

Hi, for the first part please have 600 words. Please talk about the Balance of Payments and also the hyperinflation, support the discussion with graphs and tables. Also mention the befores (crawling peg) and after (floating exchange rate) implications on Brazil and Foregin Direct Investment (FDI). For the second question mention hedging stategies but not swaps, forwards, futures, puts & calls, and money market instead summarzie those topics and put them in the appendix in a table. Please talk about something different like operational hedging, diversification, accounting hedging techniques etc. Support your discussion with numerical examples such as do the working out, and use real spot rates and inflation rates for example.

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