When it comes to financing a foreign operation, risks can range from simple exchange rate fluctuations to larger geopolitical threats. You could be facing restrictions on capital movement, sudden tax law changes, or even expropriation in more extreme cases. Each financing strategy, whether it$$s internal loans, local borrowing, or joint ventures, carries trade$-$offs in terms of control, cost, and risk exposure.

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What would you prioritize when setting up capital structure for a foreign operation?

Have you come across any examples?

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