International Financial Transactions and Exchange Rates [electronic resource] : Trade, Investment, and Parities /
Kallianiotis, I.author.
International transactions among nations and multinational corporations are important and growing due to the openness of economies all over the world. In this follow-up title to Exchange Rates and International Financial Economics, Kallianiotis examines the role of the exchange rate and trade policy in improving the trade account. He discusses the international parity conditions extensively, together with the most popular theory in international finance, the interest rate parity (IRP) theory. International Financial Transactions and Exchange Rates describes these theories and gives practical solutions for multinational businesses, individuals, and nations. The increasing internationalization of businesses, openness of economies, integration of nations, change in the exchange rate system, and lastly, the deregulation of the financial market and institutions around the world have made the study of international finance necessary for all business students and professionals.
Description based upon print version of record.
Cover; Half-Title; Title; Copyright; Dedication; Contents; List of Illustrations; Permissions; Preface; Acknowledgments; 1 The Balance of Payments and Exchange Rate; 2 Exchange Rate and Parity Conditions; 3 Financing the Multinational Corporation and Its Cost of Capital; 4 International Investment, Portfolio Theory, and International Trade Financing; 5 Political Risk and Foreign Direct Investment; 6 The US Dollar as an International Currency Reserve and Its Value; Notes; Glossary; Bibliography; About the Author; Index
Includes bibliographical references and index.
International transactions among nations and multinational corporations are important and growing due to the openness of economies all over the world. In this follow-up title to Exchange Rates and International Financial Economics, Kallianiotis examines the role of the exchange rate and trade policy in improving the trade account. He discusses the international parity conditions extensively, together with the most popular theory in international finance, the interest rate parity (IRP) theory. International Financial Transactions and Exchange Rates describes these theories and gives practical solutions for multinational businesses, individuals, and nations. The increasing internationalization of businesses, openness of economies, integration of nations, change in the exchange rate system, and lastly, the deregulation of the financial market and institutions around the world have made the study of international finance necessary for all business students and professionals.
International economics.
Macroeconomics.
Economic theory.
Banks and banking.
International Economics.
Macroeconomics/Monetary Economics//Financial Economics.
Economic Theory/Quantitative Economics/Mathematical Methods.
Banking.