Reflective statement on International Finance
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Reflective statement
International finance has distinct features making it a point of focus due to its peculiar variances with domestic finance. In the global platform, the transactions and trade involve different currencies and thus involving foreign exchange that constitutes the aspect of international finance. The learning objective most exciting in the course is hedging and how multinational corporations carry out transactions to evade additional payments from currency exchange. Undertaking transactions across boundaries expose firms to currency crisis that they must understand earlier to focus on response measures when such situations are experienced.
The significant learning achievement to take away is on the currency and stock markets and how they affect performance of a company. The "ah" moments where concepts worked for very hard on before grasping was the study on international monetary systems and comparison in currency trading with the exposures to forecast on the future options available at a situation. I will apply this knowledge in my personal life through understanding the concepts of international monetary systems, currencies and markets to help in identification of better investment and stock trading (eun & resnick, 2015).
In my professional life, I would be able to operate in an international company navigating in global platforms giving explicit directions and support that would see it develop proper financial strategies and systems to save the company from loss. In academic life, I am confident sharing with peers the concepts, new ideas on currency exchange, financial exposures, stock markets, and any other concept within international finance (eun & resnick, 2015). The new knowledge would help advance career since I can show high level of competence and deliver on global financial issues. The course was efficient and presented in a way that was understandable and admissible, and no area where I feel the course needs to be modified.