Consider Figure 20.6 below, which shows the nominal exchange rate (EXR) and the purchasing power parity real exchange rate (RER) between the Mexican peso and U.S. dollar, index for pesos per dollar, and the same for the Japanese yen-U.S. dollar exchange rates. Discuss whether the peso and yen are "correctly" valued (i.e., not over- or undervalued). Which currency appears to be better valued? Explain.Figure 20.6: Mexican and Japanese Nominal (EXR) and Real Exchange (RER) Rates 
Definitions:
Whistle-blowing
Whistle-blowing involves exposing any kind of information or activity that is deemed illegal, unethical, or not correct within an organization.
Social Audits
Formal procedures that identify and evaluate all company activities that relate to social issues such as conservation, employment practices, environmental protection, and philanthropy.
Ethical Awareness Stage
A phase in ethical development where individuals recognize that a situation or decision has an ethical dimension.
Code of Conduct
A set of rules outlining the responsibilities of, or proper practices for, an individual or organization.
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