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Fundamentals of International Business
book

Fundamentals of International Business

by Sumati Varma
April 2019
Intermediate to advanced content levelIntermediate to advanced
368 pages
12h 18m
English
Pearson Education India
Content preview from Fundamentals of International Business

CHAPTER 10

International Financial Environment

LEARNING OBJECTIVES

After reading this chapter, you should be able to:

  • Identify the characteristics of the international financial system
  • Explain the functioning of the foreign exchange market
  • Distinguish between foreign exchange risk and foreign exchange exposure
  • Discuss the structure and functions of the international capital market

VENEZUELA’S EXPERIMENTS WITH THE BOLIVAR

Venezuela is synonymous with economic crisis. The economy has shrunk by about a third in the past five years and the IMF expects GDP to contract by 15 per cent in the current year. Challenged by US sanctions and struggling to meet its obligations to international bondholders has led the country to continuous experiments ...

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Publisher Resources

ISBN: 9789389588019