Identify and briefly discuss two important concepts applicable to international finance.
For example, the foreign currency risk can be mitigated through forward foreign exchange contract, currency swaps, etc.
I need about three to five sentences to answer this question.
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One important concept applicable to international finance is the optimal currency area. This is a concept by Robert Mundelll who stated that OCA was a geographic area in which a single currency would create the greatest economic ...
International Finance is explained in a structured manner in this response. The answer includes references used.