Global Financial Management

Running head : GLOBAL FINANCIAL MANAGEMENTIntroductionThe European confederation , with a population of over 500 million tintinnabulation in 27 European countries and a combined fork over that generated a GDP of 18 .39 trillion in 2008 , presents a perfect opportunity for an Ameri croup MNC planning to expand into outside markets (IMF , 2009 . Multinational companies (MNC s ) operate optimally in markets where they have a comparative advantage . Large populations with high levels of disposal income and liberalized stinting systems , encourage trade and expansion HYPERLINK hypertext transfer protocol /en .wikipedia .org /wiki /Charles_Emrys_Smith \o Charles Emrys Smith Smith , 2007 . Financial transactions conducted in a common currency simplify sales and purchases of goods and service Considering these factors , vizor sh ould acquire JEL Industries as part of its entry system to the European Union marketSome of the benefits of selecting this business trustworthy include cheaper cost of production payable to the free movement of resources across bs .

Labor and materials can relocate anywhere without the imposition of extra tariffs or duties ( HYPERLINK http /en .wikipedia .org /wiki /Charles_Emrys_Smith \o Charles Emrys Smith Smith , 2007 . The acceptance of furnish standards by the EU contributes to lower production be than those face in market with different product specifications . With compliments to sourcing of supplies the firm will benefit from preferential treaties signed amidst the confederacy and other(a) trading blocs . Su! ch arrangements will stimulate the firm a price advantage over other players in the industry operating outside the unionA major discriminate of acquiring a firm operating in the EU...If you pauperism to study a full essay, order it on our website: OrderEssay.net

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