I need a 250-word reply to each of the following two finance forums (500-words total):

 

Forum #1

 

With technological advances, companies can expand their operations effectively and efficiently. International financial management is essential for companies to remain competitive. What are the risks of international financial management?

Forum #2

 

In Chapter 2, you were introduced to various aspects of the international monetary system.  Discuss the criteria for a “good” international monetary system.  In your discussion, be sure to support your answer by explaining why the stated criteria are necessary.

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