Identify and briefly discuss five major factors that complicate financial management in multinational firms.

Identify and briefly discuss five major factors that complicate financial management in multinational firms.

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June 23, 2021
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Identify and briefly discuss five major factors that complicate financial management in multinational firms.

Answer and ExplanationSolution by a verified expert

Explanation

An international monetary system of a country is a government body that decides the exchange rate of the home currency with the foreign currency and represents as a global network for the central government. It overlooks the trade and capital flows to or from the home country. For example, in the United States of America, the Federal reserve is the monetary authority.

Verified Answer

An international monetary system is a set of regulations within which international trade practices among nations are outlined.

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