The globalizing world has led to the increase of foreign direct investments (FDIs) from multinational corporations (MNCs), particularly in nations that are technologically backward. In turn, increasing FDIs have resulted to technological advancements, which owes to technological spillovers. Therefore, there is an understanding that technological spillovers have come from MNCs, which increases alongside their increasing presence and activity. However, concerns over the viability of the existing framework for determining technological spillovers vis-à-vis MNCs have grown, mainly because the predominant framework characterized by theories of production function, production function, did not provide consistent findings on the ...
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The four financial hedging techniques are future, forward, money market and currency option hedge. Any business firm is supposed to compare it is the cash flow in determining which the technique to apply to hedge. The futures hedge is involved in the use of the currency futures. To hedge the future payables, the business or the associated firm is supposed to purchase a future currency contract in regard to the currency of the choice as it needs (Stephens, 2003).
A forward hedge is the similar with the future hedge but the only difference is that the only forward contract ...
Bitcoin is term that was not well known in the last four years. It was a term that was only used by few people over the internet. With time it is the term that the world has come to know as the first world’s completely decentralized virtual currency (Buttyan & Hubaux, 2001). This currency has become the largest economy compared to some of the economies of the smaller worlds. Bitcoin also abbreviated as BTC reached its high note in 2013 April with a value of $260 just from pennies in the previous years. Currently, the market value of BTC is valued ...