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Books > Business & Economics > Economics > International economics > International trade
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Managing Currency Risk - How Japanese Firms Choose Invoicing Currency (Hardcover)
Loot Price: R3,004
Discovery Miles 30 040
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Managing Currency Risk - How Japanese Firms Choose Invoicing Currency (Hardcover)
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The yen is now one of the major currencies freely traded in the
world, and yet, many Japanese exporters take on a currency risk by
invoicing in US dollars. In this book, the authors examine why this
is the case, particularly for those exporters who have a strong
presence in global markets. Managing Currency Risk enhances our
understanding of exporters? behaviour by analysing the key factors
that influence their choice of invoice currency. Detailed research
based on unique data sets is used to highlight how firm size,
product competitiveness, intra/inter-firm trade and the geography
of export destination impact this decision. This book is a valuable
resource for international finance researchers and political
economists wishing to discover up-to-date information regarding
currency invoicing by multinational firms. It will also be a vital
tool for financial and governmental practitioners to discover more
about their competitors? behaviour.
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