Introduction to International Finance
Posted: 7 Jul 2008
An understanding of International Financial Management is crucial to not only the large MNCs with numerous foreign subsidiaries, but also to the small business engaged in Exporting or Importing. Seventy Eight percent of the 43,300 U.S. firms that Export have been then 100 employees.
International business is even important to companies that have no intention of engaging in International Business. Which companies must recognized how their foreign competition will affected by movements in Exchange Rates, Foreign Interest rates, Labour Costs, and Inflation. Such economic characteristics can affect to foreign competitors cost of production and pricing policy.
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