Ebook International business (8/E): Part 2
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Ebook International business (8/E): Part 2
íõs’o“ĩ □Q>o’□GJm 5’ Q) □ n 5/ Ebook International business (8/E): Part 21Explain the importance of the international capital market.2Describe the main components of the international capital market.3Outline the functions of the foreign exchange market.4Explain the different types of currency quotes and exchange rates.5Describe the instruments and institutions of the for Ebook International business (8/E): Part 2eign exchange market.A Look BackA Look at This ChapterA Look AheadChapter 8 introduced the most prominent efforts at regional economic Integration occEbook International business (8/E): Part 2
urring around the world. We saw how international companies are responding to the challenges and opportunities that regional integration is creating.Tíõs’o“ĩ □Q>o’□GJm 5’ Q) □ n 5/ Ebook International business (8/E): Part 2he international capital market and its main components. We then turn to the foreign exchange market, explaining how it works and outlining its structure.Chapter 10 concludes our study of the international financial system. We discuss the factors that influence exchange rates and explain why and how Ebook International business (8/E): Part 2 governments and other institutions try to manage exchange rates. We also present recent monetary problems in emerging markets worldwide.MyManagementLEbook International business (8/E): Part 2
ab™c* Improve Your Grade!When you $ee this icon Q. visit www.mymanagementlab.com for activities that are applied, personalized, and offer immediate feíõs’o“ĩ □Q>o’□GJm 5’ Q) □ n 5/ Ebook International business (8/E): Part 2 video-gaining fans worldwide since 1989. One hundred years earlier, in 1889. Fusajiro Yamauchi started Nintendo when he began manufacturing Hanafuda playing cards in Kyoto. Japan. Today. Nintendo produces and sells mobile gaining devices and home gaming systems, including Wii u. Wii, Nintendo DS, G Ebook International business (8/E): Part 2amcCubc, and Game Boy Advance, which feature such global icons as Mario. Donkey Kong. Pokemon, and others.Nintendo took the global gaming industry byEbook International business (8/E): Part 2
storm when it introduced the Wii game console. With wireless motion-sensitive remote controllers. built-in Wi-Fi capability, and other features, the Wíõs’o“ĩ □Q>o’□GJm 5’ Q) □ n 5/ Ebook International business (8/E): Part 2gth training. cardio, and even the hula-hoop. Pictured here, several people play "Just Dance 2015." a game for the Wii u and Wii at the electronic entertainment expo (E3) in Los Angeles, California.Yet. Nintendo’s marketing and game-design talents arc not all that affect its performance—so. loo. do Ebook International business (8/E): Part 2exchange rates between the Japanese yen (¥) and other currencies. The earnings of Nintendo's subsidiaries anti affiliates outside Japan must be integrEbook International business (8/E): Part 2
ated into consolidated financial statements at the end of each year. Translating subsidiaries’ earnings from other currencies into a strong yen decreaíõs’o“ĩ □Q>o’□GJm 5’ Q) □ n 5/ íõs’o“ĩ □Q>o’□GJm 5’ Q) □ n 5/Gọi ngay
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