Book Description

Want to get the most out of your International Finance course?

Nowadays the value of daily foreign exchange trading is more than one hundred times the value of annual international trade in goods and services. As result of the great importance of international financial transactions, the subject of international finance continues to develop as fast as—or faster than—any other field in economics and finance. International Finance For Dummies sheds light on this increasingly important subject for the growing number of students required to take this course.

If you're an undergraduate or MBA student enrolled in an international finance course, this hands-on, friendly guide gives you everything you need to succeed. Plus, it includes up-to-date information on the latest changes to International Finance Reporting Standards, its impact on a company's overall finances, and the various currencies and institutions available worldwide.

  • Serves as an excellent supplement to your international finance texts

  • Provides easy-to-understand explanations of complex material

  • Brings you up-to-speed on the concepts and subject matter you need to know

International Finance For Dummies is your ticket to scoring your highest in your international finance course.

Table of Contents

  1. Cover
  2. Title Page
  3. Table of Contents
  4. Introduction
  5. Part I: Getting Started with International Finance
    1. Chapter 1: Money Makes the World Go 'Round
    2. Chapter 2: Mastering the Basics of International Finance
    3. Chapter 3: Buy, Sell, Risk! Users of Foreign Exchange Markets
    4. Chapter 4: It's All about Change: Changes in the Exchange Rate
  6. Part II: Determining the Exchange Rate
    1. Chapter 5: It's a Matter of Demand and Supply
    2. Chapter 6: Setting Up the Monetary Approach to Balance of Payments
    3. Chapter 7: Predicting Changes in Exchange Rates Based on the MBOP
  7. Part III: Understanding Long-Term Concepts and Short-Term Risks
    1. Chapter 8: Your Best Guess: The Interest Rate Parity (IRP)
    2. Chapter 9: Taking a Bite Out of the Purchasing Power Parity (PPP)
    3. Chapter 10: Minimizing the FX Risk: FX Derivatives
  8. Part IV: Conducting a Background Check: Changes in Currency through the Years
    1. Chapter 11: Macroeconomics of Monetary Systems and the Pre-Bretton Woods Era
    2. Chapter 12: The Bretton Woods Era (1944–1973)
    3. Chapter 13: Exchange Rate Regimes in the Post–Bretton Woods Era
    4. Chapter 14: The Euro: A Study in Common Currency
  9. Part V: The Part of Tens
    1. Chapter 15: Ten Important Points to Remember about International Finance
    2. Chapter 16: Ten Common Myths in International Finance
  10. Appendix: Famous Puzzles in International Finance
  11. Cheat Sheet