Answer the question below . The business world is constantly changing. Companies must constantly adapt in order to succeed. These changes and adaptations include the field of finance. For example, when interest rates increase in an economy, then the cost of capital increases for companies. This could make some projects that were worthy of corporate investment to become too costly. In other words, changes in interest rates directly lead to changes in the number of expansion projects taken on by companies. Similarly, changes in currency exchange rates between countries directly impact the attractiveness of expansion into foreign markets. Therefore, while managers often direct most of their focus to their own firms, it is useful to keep an eye on the big picture. What are some of the big picture events in our current economy and how do they affect international firms? Give specific firm examples.
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