ABSTRACT

Principles of International Finance, first published in 1988, provides a comprehensive introduction to international finance which is rapidly becoming an increasingly important branch of international economics.

The book is structured so that it can easily be adopted as a complete one-semester course in international finance and is divided into the four major divisions of international finance: The Foreign Exchange Market and the Balance of Payments; Exchange Rate Systems; Equilibrium and the Adjustment Process and The Post-War International Financial System.

This book is designed for economics and business undergraduates studying international finance for the first time. It is non-mathematical and presumes no more than a general background in macroeconomics.

part One|73 pages

The Foreign Exchange Market and the Balance of Payments

chapter 1|24 pages

The Foreign Exchange Market

chapter 3|20 pages

The Balance of Payments

part Two|47 pages

Exchange Rate Systems

chapter 4|12 pages

The Gold Standard

chapter 5|17 pages

Fixed Exchange Rates

chapter 6|9 pages

Floating Exchange Rates

chapter 7|7 pages

Alternative Exchange Rate Systems

part Three|111 pages

Equilibrium and the Adjustment Process

part Four|56 pages

The Post-war International Financial System

chapter 13|22 pages

Post-war Issues and Developments

chapter 14|22 pages

The Euro-currency Markets

chapter 15|10 pages

Currency Futures and Options