International Business: Competing in the Global Marketplace
International Business: Competing in the Global Marketplace
11th Edition
ISBN: 9781259578113
Author: Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher: McGraw-Hill Education
Question
Book Icon
Chapter 12, Problem 5CDQ
Summary Introduction

Case summary:

The cross-border capital flows such as foreign direct investment, equity purchase, and bonds all made the world into a global market system. The cross-border capital declined in the year 2014. The global crisis of 2008 was one of the biggest reasons for the decline of cross-border capital throughout the world.

The financial institution Company LB was affected by the global financial crisis. The global market plunged intro great crisis during this period. The global market did not recover even after 7 years of the crisis. The global market cross-border capital flows are still 66% below its peak value.

To explain: The possible course of action for a multinational firm to handle the financial crisis if it happens in the future.

Blurred answer
Students have asked these similar questions
The accounts receivable balance is?
Need help with this question solution general accounting
Please solve this question
Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College
Text book image
MARKETING 2018
Marketing
ISBN:9780357033753
Author:Pride
Publisher:CENGAGE L
Text book image
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing