国际财务管理(英文版)课后习题答案2.pdfVIP

CHAPTER 1 GLOBALIZATION AND THE MULTINATIONAL FIRM CHAPTER 1 GLOBALIZATION AND THE MULTINATIONAL FIRM SUGGESTED ANSWERS TO END-OF-CHAPTER QUESTIONS SUGGESTED ANSWERS TO END-OF-CHAPTER QUESTIONS QUESTIONS   QUESTIONS   1. Why is it important to study international financial management?  1. Why is it important to study international financial management?  Answer:  We are now living in a world where all the major economic functions, i.e., consumption,  Answer:  We are now living in a world where all the major economic functions, i.e., consumption,  production, and investment, are highly globalized.  It is thus essential for financial managers to fully  production, and investment, are highly globalized.  It is thus essential for financial managers to fully  understand vital international dimensions of financial management.  This global shift is in marked  understand vital international dimensions of financial management.  This global shift is in marked  contrast to a situation that existed when the authors of this book were learning finance some twenty years  contrast to a situation that existed when the authors of this book were learning finance some twenty years  ago.  At that time, most professors customarily (and safely, to some extent) ignored international aspects  ago.  At that time, most professors customarily (and safely, to some extent) ignored international aspects  of finance.  This mode of operation has become untenable since then.  of finance.  This mode of operation has become untenable since then.  2.  How is international financial management different from domestic financial management?  2.  How is international financial management different from domestic financial management?  Answer:  There are three major dimensions that set apart international finance from domestic finance.  Answer:  There are three major dimensions that set apart inte