International Finance

Author: Shi Lei
Publisher:
Publish Date: 2006-01-01
Features: The 21st century is an era of increasingly intensified economic globalization, rapid technological revolution, accelerated industrial restructuring, and fiercer international competition. Financial integration has become one of the prominent trends in the economic development of the new century and has developed into a bond connecting the economies of countries worldwide. International finance is a discipline that studies the laws governing the movement of money and loan capital between countries. Today, the international financial market is characterized by trends of conceptual innovation, institutional innovation, and tool innovation. This book is a textbook on international finance, which, in its compilation, emphasizes reflecting new research findings and the latest international financial dynamics at home and abroad, while highlighting its applicability. It is suitable for teaching international finance courses in higher vocational and technical education institutions. Through studying this book, students can master the fundamental theories, basic knowledge, and essential skills in areas such as balance of payments, foreign exchange operations, international credit, and the international monetary system. The book emphasizes the combination of theory and practice, making it easy to understand and engaging. The case studies in the review and exercises of each chapter focus on practical application, aiming to cultivate students' ability to apply knowledge. The book consists of twelve chapters, covering topics such as balance of payments, foreign exchange, exchange rates, foreign exchange operations, foreign exchange risk management, financial markets, and international credit. It introduces the trends of conceptual, institutional, and tool innovation in the international financial market, reflects new research findings and the latest international financial dynamics at home and abroad, combines theory with practice, and highlights its applicability. The case studies in the review and exercises of each chapter are the main focus.