Table of Contents
Part I: The International Monetary Environment1. The Foreign Exchange Market
2. International Monetary Arrangements
3. The Balance of Payments
Part II: International Parity Conditions
4. Forward-Looking Market Instruments
5. Eurocurrency Markets and the LIBOR
6. Exchange Rates, Interest Rates, and Interest Parity
7. Prices, Exchange Rates, and Purchasing Power Parity
Part III: Risk and International Capital Flows
8. Foreign Exchange Risk and Forecasting
9. Financial Management of the Multinational Firm
10. International Investment
11. International Lending and Crises
Part IV: Modeling the Exchange Rate and Balance of Payments
12. Determinants of the Balance of Trade
13. The IS-LM-BP Approach
14. The Monetary Approach
15. Extensions and Challenges to the Monetary Approach

