In a unique "Frequently Asked Questions" edition of his "RealMoney" radio show on Friday, Jim Cramer said investment banks are a key part of corporate acquisitions.

"A company wants to grow when it feels its current growth is tapped," he said.

For this reason, companies go to investment banks, he said.

A Procter & Gamble ( PG - Get Report) does not reach out to Gillette on its own. It's all done by bankers -- the middlemen, he said.

When an emailer asked about foreign markets, Cramer said he has historically not liked the Chinese IPO market because he feels as if he's being taken advantage of since there is no serious Securities and Exchange Commission there. In addition, he feels the Chinese market is an insider's game.The Indian market, however, is very much like the U.S., he said, adding that he would own any of the Indian consulting companies or Tata Motors ( TTM), India's big car company, he said.

He doesn't even care which consulting company people buy, he said. "That's how bullish I am about them," he said.

Cramer said he also recommends Bangalore-based Wipro ( WIT - Get Report), which is a little speculative.

People should go to India to diversify themselves overseas, he said.

For Latin America exposure, Cramer advised looking at America Movil ( AMX - Get Report), Bancolombia ( CIB - Get Report) and Homex Development ( HXM).

Cramer also suggested Colgate ( CL - Get Report), an American company which has a lot Latin America exposure.

Responding to a high-schooler who wrote in asking about how one prepares for a job on Wall Street, Cramer emphasized the necessity of reading the paper, and particularly the business section.

Cramer said whenever he comes across an interviewee who wants to work for him and it becomes evident that that person doesn't read the paper, he doesn't consider that applicant any further.

The second piece of advice Cramer gave was to "be armed with two or three stocks you believe in."

"Don't be a wallflower when trying to get a job," he said "It won't work."

Also show that you are a hustler and are willing to do things people are not willing to, he said.

"Never be afraid to do something that you regard beneath your station," he said. "There has to be some swallowing of pride."

To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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