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Many large companies are establishing their own internal banking systems known as international finance centers. This finance center handles all finance issues, including transfer pricing,

Many large companies are establishing their own internal banking systems known as international finance centers. This finance center handles all finance issues, including transfer pricing, exchange rate hedging, and for some companies even international tax issues. How would you define an international finance centers? How do these centers operate? What are the pros and cons of using this system?

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