This chapter serves to introduce the
student to the institutional framework
International payments are made.
The movement of capital is accommodated.
Exchange rates are determined.
Evolution of the Inter
chapter discusses various methods
available for the management of
transaction exposure facing multinational
Three Types of Exposure
Exchange rate risk as appl
International Financial M anagem ent
1.Globalization and the Multinational Firm
2. International Monetary System
3 Chinas Balance of Payments
5 The Market for Foreign Exchange
Name: Nguyen Thi Minh Ngoc
Subject: International Financial management
HOMEWORK ASSIGNMENT 1
Comment on the following statement: No exchange rate system is ideal.
Whether government fix, float or manage their currencies, problems arise.
The Market for Foreign Exchange
This chapter serves to introduce the student to
the market for foreign exchange.
This chapter lays the foundation for much of
the discussion throughout the remainder of the
text, thus it des
The Balance of Payments
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 Three Outline
Balance of Paymen