International finance : the markets and financial management of multinational business /

• Main Author: Levi, Maurice D., 1945-
• Format: Book
• Language: English
• Published: Boston, Mass. : McGraw-Hill, 1996
• Edition: 3a ed.
• Subjects: FINANZAS INTERNACIONALES; EMPRESAS MULTINACIONALES; TIPO DE CAMBIO; BALANZA DE PAGOS; OFERTA Y DEMANDA; SISTEMA MONETARIO INTERNACIONAL; RIESGO FINANCIERO; COMERCIO INTERNACIONAL; EURODOLARES; EMPRESAS TRANSNACIONALES; CAMBIO EXTERIOR; SISTEMA FINANCIERO INTERNACIONAL; COMERCIO MUNDIAL

Table of Contents:

• 1. The world of international finance
• Pte. 1. The markets for foreign exchange: 2. An introduction to exchange rates
• 3. Forward exchange
• 4. Currency futures and options markets
• Pte. 2. Determination of exchange rates: 5. The balance of payments accounts
• 6. Supply and demand view of exchange rates
• 7. Modern theories of exchange rates
• 8. Alternative systems of exchange rates
• 9. The international financial system: past, present and future
• Pte. 3. The fundamental international parity conditions: 10. The purchasing power parity principle
• 11. Interest parity
• Pte. 4. Managing foreign exchange risk and exposure: 12. Foreign exchange exposure and risk
• 13. Accounting exposure versus real exposure
• 14. Operating exposure
• 15. Hedging risk and exposure
• 16. Speculation, market efficiency and forecasting
• Pte. 5. International investment and financing: 17. Cash management
• 18. Portfolio investment
• 19. Capital budgeting for direct foreign investment
• 20. The growth and concerns about multinationals
• 21. International financing
• Pte. 6. Institutional structure of international trade and finance: 22. Multinational banking
• 23. Instruments and institutions of international trade.