Multinational Financial Management
By Alan C. Shapiro.
Description
* Integrates economic and political factors underlying exchange rate determination.* Uses the balance-of-payments framework to assess economic links among nations.* Presents a comprehensive discussion of the foreign exchange market.* Discusses the key parity conditions in international finance that relate interest rates, exchange rates, and inflation rates, and the underlying arbitrage considerations that determine them-along with numerous real-world applications.* Presents distinctions between real and nominal exchange rates and between accounting and economic exposure and their significan...
ISBN(s)
0471725838, 9780471725831
