Chapter 1 Balance of Payment and Reserves 1
Ⅰ Lead-in Activities 2
Ⅱ Balance of Payment 4
Ⅲ Foreign Exchange Reserves 11
Ⅳ After-class Reading 22
Exercises 24
Chapter 2 Foreign Exchanges and Monetary Markets 27
Ⅰ Lead-in Activities 28
Ⅱ Foreign Exchanges 29
Ⅲ Foreign Exchange Market 38
Ⅳ After-class Reading 46
Exercises 53
Chapter 3 International Settlement 55
Ⅰ Lead-in Activities 56
Ⅱ Main Methods of International Settlement 57
Ⅲ Factoring 69
Ⅳ After-class Reading 75
Exercises 80
Chapter 4 International Financial Market 83
Ⅰ Lead-in Activities 84
Ⅱ International Financial Market 85
Ⅲ Euromarket 89
Ⅳ After-class Reading 96
Exercises 99
Chapter 5 International Financial Organizations 103
Ⅰ Lead-in Activities 104
Ⅱ International Monetary Fund 106
Ⅲ The World Bank 112
Ⅳ After-class Reading 121
Exercises 125
Chapter 6 Financial Risks and Risk Management 129
Ⅰ Lead-in Activities 130
Ⅱ Macroeconomic Financial Risks 132
Ⅲ Exchange Rate Risks and Management 136
Ⅳ After-class Reading 145
Exercises 150