Define the significance of international finance management course hero
Answers
· International finance is a main tool to determine the exchange rates, get an idea about investing in international debt securities, compare inflation rates, to determine the economic status of other countries and to decide the foreign markets.
· Exchange rates have a great influence in international finance. They are used to calculate the relative values of currencies. International finance aids in calculating these rates.
· There are many economic factors used to decide international investment. This helps the investor to determine how safe the money would be with foreign debt securities.
· Utilizing IFRS is a main element for many stages of international finance. Many countries use IFRS therefore these countries follow the same reporting system.