An introduction to the world of international finance -- The foreign-exchange and eurocurrency markets -- Interest rates in the global money market -- exchange-rate systems -- Exchagne rates, interest rate, and inflation rates : an integrated framework -- Currecy prediction versus market efficiency -- Currency forwards and the futures market -- Foreign-exchange options -- International banking and credit -- Instruments of the international money market -- The global bebt problem -- The international bond market -- Currency and interest-rate swaps -- International equity markets and portfolio diversification -- Global commodity markets -- International financing decesions -- The future: understanding and using new instruments -- A recap of this book

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