"In fact, the recent increase in intra-firm trading enables businesses to shift their activities across borders smoothly, thereby strengthening the response of economic activity to exchange rate movements in the long run"
- Toshihiko Fukui
About this Quote
This quote by Toshihiko Fukui suggests that the current rise in intra-firm trading has actually enabled businesses to relocate their activities across borders extra conveniently. This has enabled organizations to be a lot more responsive to currency exchange rate motions over time. Intra-firm trading is the exchange of items as well as solutions between two or more departments of the exact same firm. This kind of trading has become increasingly prominent recently because of the globalization of markets and also the raised schedule of innovation. By enabling services to relocate their tasks throughout borders much more conveniently, intra-firm trading has enabled services to be a lot more receptive to currency exchange rate motions. This has enabled organizations to benefit from beneficial exchange rates as well as to decrease losses as a result of unfavorable currency exchange rate. In the future, this raised responsiveness to currency exchange rate motions has strengthened the total financial activity.
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