Chapter of Interest Globalization is revolutionizing the business world by connecting a single business to people all across the globe. This connection of one business to the rest of the world is adding more complexity to an already advanced topic. Within the next couple of years, the study of international business will become a prominent study as more companies start to expand globally to gain a larger customer base. As I am going to work in a business field, it is important that I learn some basics about the foreign world of business, so I can become successful in today’s competitive market. After skimming through International Business: The Challenges of Globalization, the chapter about international financial markets, chapter nine, kept …show more content…
I believe in creating wealth for yourself by investing in different financial instruments. As I browsed chapter nine, I found terms such as securities exchanges, spot rates, quoting currencies, and international bond market. All these terms seem to pertain to investing instruments in other countries, mainly through bonds. I found this chapter to be interesting because if the United States economy were to collapse, or even if I wanted to invest in a company traded on a different stock exchange outside of the United States, this chapter can provide me with the basic information necessary to conduct such a transaction. Also, this chapter should help me understand different types of instruments traded globally. For example, it will explain the difference between a Eurobond and a foreign bond. This is important, so if I see these listed in a trading center I know what I am investing in, not blindly throwing my money in an investment. Overall, I believe this chapter will help me grow as an investor by allowing me to see other ways of investing in other …show more content…
The topic I am most interested in learning more about is the heading called “Swaps, Options, and Futures”. This heading sparked by interest because I have always wanted to know how these investment tools operate, but I could never get a clear understanding of them through my other classes. As I mentioned above, I’d like to get involved in investing soon in my career, so learning more ways to diversify my portfolio via the tools mentioned in the heading can only help. Another topic I found interesting in chapter nine was the heading called “international bond markets”. This topic seems to explain the different types of bonds traded on international market. For example, they mention Samurai bonds, yankee bonds, and dragon bonds, which I am assuming are all different bonds with different meanings. To better understand the world of international business, it is key to understand how businesses in different countries gain capital in the debt market. Understanding how businesses are capable to sustain themselves in different countries via the international financial markets, will allow me to better understand the world of business as whole, which in turn allows me to become an overall better business