International Parity Conditions in Corporate Finance – Study of Theoretical Relationships
International Parity Conditions in Corporate Finance – Study of Theoretical Relationships
International Parity Conditions in Corporate Finance - An Introduction
Apart from factors like inflation and interest rates, there is another economic variable which is the critically most important determinant of the economic health and progress of every country. This is known as the exchange rate and its management. This rate plays a vital role in the free market economy all over the world by active influence on worldwide trade activity of every country.
In addition to the inflation and interest rate, an exchange rate is carefully watched, analyzed and mostly manipulated economic measure. The three economic variables identified
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