Question
Let us assume that you want to start a business in another country or you work with a corporation that wants to do business in
Let us assume that you want to start a business in another country or you work with a corporation that wants to do business in another country.
What are some money market tools and/or financial assets that you have learned about that you did not know about. How do you think this could help in setting up your business.
Short example:When I was growing up I knew one could open eurodollar accounts, but I did not know how common they were. As I took the first international finance class, I realized how they could be used to hedge currency depreciation/appreciation in transactions undertaken in different countries. Having a Eurodollar account in let's say Zimbabwe can protect the value of your investments against the depreciation of the Zimbabwean dollar.
Please see the instruction and the example I need a similar example. Thanks
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