Cross-border acquisitions and green field investments
Why host country resist cross-border acquisitions, instead of the green field investments? Explain your point of view?
Expert
Host country tends to view the green field investments as generating the new production facilities and new job opportunities. On the other hand, cross-border acquisitions may be viewed as the foreign takeover of the existing domestic firms, instead of creating the new job opportunities.
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Describe about the conditions under which forward exchange rate may be an unbiased predictor of the future spot exchange rate.
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