BRIEF CONTENTS Chapter 1 Introduction: Multinational Enterprise and Multinational Financial Management PART I ENVIRONM ENT OF INTERNMIONAL FI NANCIAL MANAGEM ENT Chapter 2 The Determination of Exchange Rates Chapter 3 The International Monetary System Chapter 4 The Balance of Payments and International Economic Linkages Chapter 5 Country Risk Analysis Chapter 6 The Foreign Exchange Market Chapter 7 Currency Futures and Options MarketS Chapter 8 Parity Conditions in International Finance and Currency Forecasting PART I CASE STUDlES PART II FOREIGN EXCHANGE RISK MANAGEMENT Chapter 9 Measuring Accounting Exposure Chapter 10 Managing Accounting Exposure Chapter 11 Measuring and Managing Economic Exposure PART II CHSE STUDIES PART lII FINANCING FOREIGN OPERMIONS Chapter 12 International Financing and International Financial MarketS Chapter 13 Special Financing and Interest Rate Risk Management Vehicles Chapter 14 The Cost of Capital for Foreign Investments PART III CnSE StUDlES PART IV FOREIGN INVESTmENT ANAcrSIS Chapter 15 International Portfolio Investment Chapter 16 Corporate Strategy and Foreign Direct lnvestment Chapter 17 Capital Budgeting for the Multinational Corporation PART IV CASE STUDIES PART V MULTINMIONAL WORKING CAPITAL MANAGEMENT Chapter 18 Financing Foreign Trade Chapter 19 Current Asset Management and Short Term Financing Chapter 20 Managing the Multinational Financial SyStem GLOSSA RY INDEX