Day 4 ~ Tamkang University and Tamsui Old Town Tour

Tour and lectures at the Tamsui campus of Tamkang University and a tour of Tamsui, also known as Danshui.

Breakfast:

Today’s going to be a good day and you know why? Tater Tots! I had not anticipated my reaction to the food in Taiwan. It is one thing to “try” something new or to go out to eat at an ethnic restaurant but it’s a completely different experience to have a constant, steady diet of food that is completely foreign to you. I wasn’t real excited at the thought of another breakfast of noodles, cabbage, and pork although I’m sure it tastes great if you are from Taiwan. I got pretty excited about the squash, at least I think it was squash, but then I saw the tater tots. A whole tray full of delicious, greasy tater tots and ketchup too! Yes, life is good.

Breakfast – Including Tater Tots

Tamkang University:

Tamkang University (TKU) is a private university with four campuses in Taiwan including the Tamsui Campus with 28,000 students which is the one we visited. We began our visit with an extensive tour of the beautiful campus.

Students are required to perform 2 hours of weekly community service

The University Commons - The design symbolizes books in ancient times but the students refer to it as, "the eggroll."

Foreign Exchange Risk Management class:

Today’s lecture began with a lesson on the history of Taiwan from 1626 – 2001. A few of the interesting highlights: from 1895 – 1945 Taiwan was under Japanese rule which accounts for the Japanese influence we have seen in some of the architecture.1919-1936: Chinese people were required to change their name in an attempt to get rid of the influence from China. At the end of WWII in 1945, Japan returned the territories it had colonized, including Taiwan, to China.

Lecture 2: Management and Control of Foreign Exchange Risk:

For this lecture we were separated into five groups and were asked to answer questions that were on the students’ midterm exam. Luckily, my group was given one of the easier questions.

Question #3:

Suppose there is no forward exchange market in the exporter’s dispose, describe an alternative method for accomplishing the goal of risk hedging. Show the cost incurred in this method.

Answer: Use spot cost

Dolly and Candice

Tamsui old town tour:

Tamsui, the English name for Danshui, is located approximately 10 miles northwest of Taipei City in the Danshuei District. It is easy to get there by taking the MRT Danshui (Red) Line to the end. The streets are lined on both sides with shops and food stalls.

Danshui snack: Iron Eggs

Grilled Squid

There's nothing better than ice cream on a hot, humid day!

Duck eggs

Fuyou Temple:

Fuyou Temple

If you have a question for Buddha that requires a "yes" or "no" response, drop these pieces on the floor and the position in which they land gives you your answer.

Offerings of food and flowers