Chapter Objectives: This chapter serves to introduce the student to the institutional framework within which exchange rates are determined. This chapter lays the foundation for much of the discussion throughout the remainder of the text, thus it deserves your careful attention

Chapter Objective: This chapter serves to introduce the student to the institutional framework within which: International payments are made. The movement of capital is accommodated. Exchange rates are determined

Multinational Firm Chapter Objectives: Understand why it is important to study international finance.Distinguish international finance from domestic finance

Chapter Objective: This chapter continues discussion of international capital markets with a discussion of the structure of the international bond market

Chapter Objective This chapter discusses currency and interest rateswaps, which are relatively new instruments forhedging long-term interest rate risk and foreignexchange risk

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 the impact that unanticipatedchanges in exchange rates may have on theconsolidated financial statements of the multinationalcompany

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

Chapter Objectives: This chapter provides a way to measure economic exposure, discusses its determinants, and presents methods for managing and hedging economic exposure

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