Flashcards
Accounting404b
Cards in this deck (10)
- 1International Financial Management-entity supporting sustainable investments in private sector of developing countries
-biggest source of multilateral loans and equity financing for projects undertaken by the private sectors in developing countries - 2International Monetary Fund-monitors balance of payments of its member countries
-lender of last resort to countries facing financial crisis - 3World Bank-funds development of projects not financed by private sector
- 4World Trade Organization-resolves multilateral and bilateral trade disputes (in addition)
- 5Benefits of IF1. access to cap mrkt ~world wide
2. promote domestic invst and growth
3. Wwide cash flow
4. prevents excessive domestic regulation
5. healthy competition
6. provide info vital to cap allocation
7. integration and equality - 6Classification of International Bus. Operations1. INTERnational firm
2. MULTI
3. TRANS - 7International Firm-involves import and export
- 8Multinational Firm-engaged in producing and selling g/s in more than 1 country
- 9Transnational Firm-multinational expansion (branches, affiliate, subsidiaries, network of suppliers, cunsumers, distributors, etc)
- 10Domestic FM vs International FMinside a country vs worldwide