answersLogoWhite

0


Best Answer

Capital investment is the single most critical factor in growing an economy. Without investment, there is no growth, only subsistence. For example, a farmer can barely feed himself if he has no tools. If he has the capital to invest in a horse and plow he can feed many people. If he has the capital to invest in a tractor he can feed many more. Developing countries have a hard time getting their economies to grow because they have no capital. This is why international finance is necessary.

User Avatar

Wiki User

โˆ™ 2005-10-28 13:10:24
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar
Study guides
๐Ÿ““
See all Study Guides
โœ๏ธ
Create a Study Guide

Add your answer:

Earn +20 pts
Q: Why is international finance necessary?
Write your answer...
Submit
Related questions

When was International Finance Centre created?

International Finance Centre was created in 1999.


When was International Personal Finance created?

International Personal Finance was created in 1997.


What are the effect of international finance on domestic trade?

What are the effect of international finance on domestic trade?


When was International Lease Finance Corporation created?

International Lease Finance Corporation was created in 1973.


What is International Lease Finance Corporation's population?

International Lease Finance Corporation's population is 170.


Which country is Guangzhou International Finance Center found?

Guangzhou International Finance Center is found in China.


What is the height of Guangzhou International Finance Center?

The height of Guangzhou International Finance Center in China is 440 m.


What is the symbol for Ship Finance International Limited in the NYSE?

The symbol for Ship Finance International Limited in the NYSE is: SFL.


How has the growth in international trade and multinational corporations been responsible for growing importance of the study of international finance?

How has the growth in international trade and multinational corporations been responsible for growing importance of the study of interantional finance


Which country is Busan International Finance Center found?

Busan International Finance Center is a building found at Busan in South Korea .


What is international finance?

== ==International finance is a way to maximize shareholder wealth. The features of international finance includes foreign exchange risk, political risk, expanded opportunity sets and market imperfections.


What is spread in international finance?

A lot of things are spread in international finance: capital, risk, dividends, interest payments, fraud, corruption, international trade, instability, ... the list is long.


What has the author Leonard Waxman written?

Leonard Waxman has written: 'Finance of international trade' -- subject(s): Export credit, International finance, International trade


Which country is 2 International Finance Centre found?

2 International Finance Centre is a building found at Hong Kong in Hong Kong.


What is the market cap for Ship Finance International Limited SFL?

As of July 2014, the market cap for Ship Finance International Limited (SFL) is $1,710,846,900.00.


What are the functions of international finance corporation?

The main functions of international finance corporation is to mobilize capital in the international financial market. It also offers advise on asset management and investment to developing countries.


What has the author Ian F G Baxter written?

Ian F. G. Baxter has written: 'International banking and finance' -- subject(s): International Banks and banking, International finance


Importance of international finance?

International financial management deals with the financial decisions taken in the area of international business.


Which is superior finance or international business?

Doesn't matter, cause international espionage is best.


What exactly is international finance?

"International finance is part of the branch of economics that studies the dynamics of exchange rates, foreign investment, and how these affect international trade. There are many books and web sites that will explain a certain exchange rate."


What are the types of international finance?

payable,receivable,cancellation.


What is the full form IFC?

International finance corporation


What Caribbean nation is an international finance center?

Bahamas


Which Caribbean nation is an international finance center?

Bahamas


What are functions of international finance?

Some functions of international finance include provision of capital flows between countries and multinationals. There is a special focus of investment and risk management, such as in foreign currencies.