Global Financing and Exchange Rate Mechanisms The operations of the global financing in an organization includes all these financial procedures. They are the financial analysis, financial planning, accounting, strategy planning, relationship with the investor, the treasury and the financial compliance. “An exchange rate is simply the rate at which on currency is converted into another” (Hill, 2009, p. 324). This assignment will define the tariff and non-tariff barriers, the impact in the operations of the global financing and the managing risks.

Tariff and non-tariff barriers Tariff is a “tax levied on import (or exports)” (Hill, 2009, p. 6). There are different types of tariff. There are specific tariffs where the price never changes, is always the same. The revenue tariff who raise the money for the government The prohibitive tariff is the one that the price is so high that nobody imports or export with that type of tariff. The protective tariff price of the imports goods and keep their domestic industries save from the competition. The environmental tariff is like the protective tariff but is relate to the environmental. The last one is the retaliatory tariff, already have charges against the country. The non-tariff barriers (NTBs) is the one that will have restrictions for any imports. Some examples are packaging and labeling conditions, products standards, quotas (specific) for the product, licenses for import goods, and sanitation conditions. There are three categories of non-tariff barriers. The first category is the restrictions for imports goods that include the licenses and the import quotas, the import prices (minimum) and deposit, etc. The second category is the methods that there are not directly related with any foreign trade. For example sanitary, technical norms, procedures, bottling, etc. The third category is also the