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BBM 415: International Finance Notes

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Summary

Moi University
Department of Accounting & Finance
BBM 415 – International Finance
Lecture Notes

Brief Overview:

FINANCE AT THE INTERNATIONAL LEVEL
The internationalization of finance and commerce has been brought about by the great advances in transportation, communications, and information-processing technology. This development introduces a dramatic new commercial reality—the global market for standardized consumer and industrial products on a previously unimagined scale. It places primary emphasis on the one great thing all markets have in common—the overwhelming desire for dependable, world-class products at aggressively low prices. The international integration of markets also introduces the global competitor, making firms insecure even in their home markets.
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