Contents in brief: PART ONE: FOUNDATIONS OF INTERNATIONAL FINANCIAL MANAGEMENT: Globalizational and the multinational firm; International monetary system; Balance of payment; The market for foreign exchange; International parity relationships and forecassting foreign exchange rates; PART TWO: WORLD FINANCIAL MARKETS AND INSTITUTIONS: International banking and money market; International bond markets; International equity markets; Futures and options on foreign exchange; Currency and interest rate swaps; International porfolio investment; PART THREE: FOREIGN EXCHAGN EXPOSURE AND MANAGEMENT: Management of economic exposure; Management of transaction exposure; Management of translaction exposure; PART FOUR: FINANCIAL MANAGEMENT OF THE MULTINATIONAL FIRM: Foreign direct investment and cross-border acquisitions; International capatal structure and the cost of capital; International capatal bugeting; Multinational cash management; Exports and imports; International tax environment; Corporate governance around the world.