author:
Aliber, Robert Z.
American economist
Robert Zelwin Aliber is a professor emeritus of International Economics and Finance at the University of Chicago. He is best known for his contribution to the theory of foreign direct investment. He has given the concept of foreign exchange rate in foreign direct investment. Aliber argues that a multinational corporation from hard currency area can borrow at lower rates in a soft currency country than can local firms. (Source: Wikipedia)
