Textbook: Hill, Charles, W. L. & Hult. G. T. (2019). International business: Competing in the international marketplace (13th ed.).
Chapter Eight: Foreign Direct Investment
Global trade relies heavily on foreign investment, especially countries trying to grow their economy through global trade. Over the past few decades there seems to be greater competition between the superpower countries to interject themselves into smaller economies that attract them by direct investment, and the influence it brings.
Chapter Ten: the Foreign Exchange Market
This is the market for converting the currency of one country into that of another country. The exchange rate is the rate at which one currency is converted into another. Future exchange rates cannot be accurately predicted.
