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International finance is increasingly becoming an important part of the finanical...

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diva4ever | Student, Undergraduate | eNotes Newbie

Posted November 13, 2008 at 1:51 AM via web

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International finance is increasingly becoming an important part of the finanical management firms?

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krishna-agrawala | College Teacher | (Level 3) Valedictorian

Posted May 28, 2009 at 5:32 PM (Answer #1)

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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.

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