Introductory Chapter From The First Edition: The Whys and Wherefores of International Finance The International in Our Lives. Organization of the International Economic and Financial System. Advantages of International Trade and Finance. Current Trends in International Trade and Finance
I. THE ECONOMICS OF INTERNATIONAL TRANSACTIONS.
1. Balance of Payments.
2. The Exchange Rate and Economic Adjustment.
3. International Parity Relations.
II. ORGANIZATION OF THE INTERNATIONAL FINANCIAL SYSTEM.
4. The International Monetary System.
5. International Banking and the Eurocurrency Market.
6. The Foreign Exchange Market.
III. DERIVATIVE MARKETS, INSTRUMENTS AND TECHNIQUES.
7. FUTURES MARKETS AND INSTRUMENTS.
8. Option Markets And Instruments.
9. Exotic Options And Other Over-The-Counter Instruments
IV. INTERNATIONAL RISK ASSESSMENT.
10. Country and Political Risk Analysis.
11. The Benefits and Risks of International Portfolio Investment
12. Advanced Techniques for Country and Political Risk Assessment
V. FOREIGN EXCHANGE RISK MANAGEMENT.
13. Current Operations and Foreign Exchange Exposure.
14. Managing Foreign Exchange Risk.
15. Economic and Financial Analysis of Currency Option Uses.
16. Sophisticated Hedging Techniques
VI. BORROWING AND LENDING INTERNATIONALLY.
17. The International Debt Markets.
18. Managing Interest Rate Risk.
VII. OTHER INTERNATIONAL MARKETS.
19. International Commodity Markets: Inventory And Supply Management.
20. World Equity Markets
VIII. CAPITAL BUDGETING AND FOREIGN DIRECT INVESTMENT.
21. Foreign Direct Investment: Capital Budgeting and Political, Economic and Financial Risk Management.
22. Foreign Direct Investment: Measuring And Managing Risk.
23. International Mergers and Acquisitions.
Glossary
Selected Web Sites
References
Name index
Subject Index
