Chapter Objective: This chapter discusses the cost of capital for the multinational firm

Chapter Objective: This chapter serves to introduce the student to the balance of payments. How it is constructed and how balance of payments data may be interpreted

Chapter Objective: This chapter examines several key international parity relationships, such as interest rate parity and purchasing power parity

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