The economic emergence of a fixed exchange rate periphery in Asia has reestablished the United States as the center country in the Bretton Woods international monetary system. We argue that the normal evolution of the international monetary system involves the emergence of a periphery for which the development strategy is export-led growth supported by undervalued exchange rates

Fred bergsten explains why policymakers need to act now in order to avert the danger of serious damage to the world economy FIVE major risks threaten the world economy. Three centre on the United States: renewed sharp increases in the current-account deficit leading to a crash of the dollar; a budget profile that is out of control; and an outbreak of trade protectionism a fourth relates to China which faces a possible hard landing from its recent overheating The fifth is that oil prices could rise to $60-70 per barrel even without a major political or terrorist disruption, and much higher with one

一、排球运动起源与传播 二、现代的发展 三、国际排联成立排球运动扩展全球 四、排球比赛规则与裁判法 五、排球基本技术与战术

Chapter Objective This chapter provides a brief introduction to the international tax environment

Chapter objective This chapter discusses the microstructure of international trade

Chapter Objective: This chapter discusses the methodology that a multinational firm can use to analyze the investment of capital in a foreign country

Chapter Objective: This chapter discusses various issues associated with foreign direct investments by MNCs, which play a key role in shaping the nature of the emerging global economy

Chapter Objective This chapter discusses various methods available forthe management of transaction exposure facingmultinational firms

1. Why investors diversify their portfolios internationally. 2. How much investors can gain from international diversification. 3. The effects of fluctuating exchange rates on international portfolio investments. 4. Whether and how much investors can benefit from investing in U.S. based international mutual funds. 5. The reasons for \home bias\ in portfolio holdings

Chapter Objective: This chapter discusses exchange-traded currency futures contracts, options contracts and options on currency futures