Yes, international finance has become an important part of the financial management of firms, especially with increased globalization. Enterprises are operating in other countries and opening satellite offices in these countries. They invest in foreign markets, source raw materials from foreign markets, and recruit employees from other countries as well. Therefore, it is necessary for firms to understand the financial and investment apparatus of the nations in which they conduct business and investment activities.
In addition, firms engage in foreign exchange transactions, including hedging as mentioned in the above post. They also engage in futures contracts with suppliers from other nations. international finance is increasingly becoming a regular aspect of day-to-day business practice for any firm that conducts any business outside their national borders.
Hedging with Futures