Presents a comprehensive discussion of the foreign exchange market. * Discusses the key parity conditions in international finance that relate interest rates, exchange rates, and inflation rates, and the underlying arbitrage considerations that determine them-along with numerous real-world applications. * Presents distinctions between real and nominal exchange rates and between accounting and economic exposure and their significance for exchange risk management.
As I bought it at a very low price, I didn't expect to get such a new book. What a pleasant surprise! And the shipment was really fast. Overall, I was very satisfied with the service of the seller.
5 stars
Published by Thriftbooks.com User , 16 years ago
The book was in excellent condition. I bought it brand new. It was packaged in a way so as to keep it looking new. This book was prescribed and part of the course I took in MBA program. Love the book, its very interesting.
It does not get any better than this
Published by Thriftbooks.com User , 21 years ago
This is a comprehensive and masterfully written book; all MBA students and anybody doing business in or curious about the global economy will benefit from reading this work. All the fundamental principles of the field are clearly described and extensive real-world examples and case studies are given in which principles are synthesized and analyzed to create a very understandable and thorough learning framework. The result is one of the best textbooks I have ever read. The complex subjects of exchange rates, international monetary system, currency forecasting, country risk, foreign exchange rates, currency futures and options, swaps and interest rate derivatives, translation and transaction exposure, measuring and managing economic exposure, corporate strategy and capital budgeting for the multinational corporation, and more are covered.
Quick shipping! great seller.
Published by Thriftbooks.com User , 21 years ago
Quick shipping! great seller.
Excellent book.
Published by Thriftbooks.com User , 25 years ago
We adopted this book during the first semester of 1999 with excellent results. Our students were delighted with the practical approach, and the breadth of its contents. Recently our country has been through a monetary turmoil, and the book served very much to explain the policies that our local central bank authorities have been pursuing.
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