Preface. PART I: ENVIRONMENT OF INTERNATIONAL FINANCIAL MANAGEMENT. Chapter 1: Introduction: Multinational Enterprise and Multinational Financial Management. Chapter 2: The Determination of Exchange Rates. Chapter 3: The International Monetary System. Chapter 4: Parity Conditions in International Finance and Currency Forecasting. Chapter 5: The Balance of Payments and International Economic Linkages. Chapter 6: Country Risk Analysis. PART II: FOREIGN EXCHANGE AND DERIVATIVES MARKETS. Chapter 7: The Foreign Exchange Market. Chapter 8: Currency Futures and Options Markets. Chapter 9: Swap and Interest Rate Derivatives. PART III: FOREIGN EXCHANGE RISK MANAGEMENT. Chapter 10: Measuring and Managing Translation and Transaction Exposure. Chapter 11: Measuring and Managing Economic Exposure. PART IV: FINANCING THE MULTINATIONAL CORPORATION. Chapter 12: International Financing and National Capital Markets. Chapter 13: The Euromarkets. Chapter 14: The Cost of Capital for Foreign Investments. PART V: FOREIGN INVESTMENT ANALYSIS. Chapter 15: International Portfolio Investment. Chapter 16: Corporate Strategy and Foreign Direct Investment. Chapter 17: Capital Budgeting for the Multinational Corporation. PART VI: MULTINATIONAL WORKING CAPITAL MANAGEMENT. Chapter 18: Financing Foreign Trade. Chapter 19: Current Asset Management and Short-Term Financing. Chapter 20: Managing the Multinational Financial System. Glossary of Key Words and Terms in International Finance. Index.