International Finance For Dummies - by Ayse Evrensel (Paperback)

About the Book

Book Synopsis

Nowadays the value of daily foreign exchange trading is more than one hundred times the value of annual international trade in goods and services. As result of the great importance of international financial transactions, the subject of international finance continues to develop as fast as--or faster than--any other field in economics and finance. International Finance For Dummies sheds light on this increasingly important subject for the growing number of students required to take this course.

If you're an undergraduate or MBA student enrolled in an international finance course, this hands-on, friendly guide gives you everything you need to succeed. Plus, it includes up-to-date information on the latest changes to International Finance Reporting Standards, its impact on a company's overall finances, and the various currencies and institutions available worldwide.

• Serves as an excellent supplement to your international finance texts
• Provides easy-to-understand explanations of complex material
• Brings you up-to-speed on the concepts and subject matter you need to know

International Finance For Dummies is your ticket to scoring your highest in your international finance course.

From the Back Cover

Learn to:

• Master complex theories and simplify calculations
• Find ways to hedge against foreign exchange risk
• Navigate the complexities of world currencies and exchange rates

Get the most out of your International Finance course

International Finance For Dummies sheds light on this increasingly important subject for the growing number of students required to take this challenging course. It includes need-to-know information for understanding the foundations of international finance, factors that affect and influence exchange rates, and how real-time connectedness impacts the global economy.

• International Finance 101 -- grasp the basics of exchange rates, the relevance of exchange rates for all sorts of international business, and how macroeconomic variables affect the changes in exchange rates
• Predict change -- find plain-English explanations of the Monetary Approach to Balance of Payments (MBOP) and how you can use it to predict the change in the exchange rate
• Get rid of guesswork -- discover the concepts of the Interest Rate Parity and Purchasing Power Parity and how they provide the extent of changes in the exchange rate
• Go international -- get to know exchange rate regimes and alternative international monetary systems through underlying macroeconomic subjects

Open the book and find:

• The impact of globalization
• The greater connectedness of national economics and the world economy as a whole
• Exchange rates and how they impact corporate firms and governments
• The influence of multinational corporations on the global financial scene
• Famous puzzles in international finance
• Do's and don'ts in international finance

About the Author

Ayse Y. Evrensel, PhD, is an associate professor of Economics at Southern Illinois University. She is a member of the American Economic Association, Western Economic Association, European Union Studies Association, and Committee on the Status of Women in the Economics Profession.