International Finance

Part 1 The economics of international transactions: balance of payments; the exchange rate and economic adjustment; international parity relations. Part 2 The organization of the international financial system: the international monetary system; international banking and the Eurocurrency market; the foreign exchange market. Part 3 Internationl risk assessment: international risk; the benefits and risks of international portfolio investment. Part 4 International risk management: current operations and foreign exchange exposure; managing foreign exchange risk; valuing currency options; economic and financial analysis of currency option uses; sophisticated hedging techniques; managing interest rate risk; inventory and supply management - the futures commodities market. Part 5 Raising funds and investing internationally: syndicated Eurocredits; financing and investing in the international bond market; the major domestic bond markets; the swap market; world equity markets. Part 6 Capital budgeting and direct foreign investment: returns and investments from cross border investment projects; risk evaluation for cross border investment projects; international mergers and acquisitions.