International finance is increasingly becoming an important part of the finanical management firms?
1 Answer | Add Yours
Yes, international finance is becoming an important part of the financial management firms.
In line with the trend of globalization, more an more firms are expanding their businesses in other than their own countries. This is not just export and import business. Operations like these can be handled without the need for international finance. Multi-National firms today are having their manufacturing operations spread in multiple countries. For these they need to raise funds in many different countries.
Even companies that operate in their home countries are now tapping equity and investment from investors in other countries.
Join to answer this question
Join a community of thousands of dedicated teachers and students.Join eNotes