Global financial environment -- Multinational financial management: opportunities and challenges -- The international monetary system -- The balance of payments -- Financial goals and corporate governance -- Foreign exchange theory and markets -- The foreing exhange market -- International partiy conditions -- Foreign currency derivaties: futures and options -- Interest rate risk and swaps -- Foreign exchange rade determination -- Foreign exchange exposure -- Tansaction exposure -- Translation exposure -- Operating exposure -- Financing the global firm -- The global cost and availability of capital -- Raising equity and debt globally -- Multinational tax management -- International trade finance -- Foreign investments and investment analysis -- Foreign direct investment and political risk -- Multinational capital budgeting and cross-border acquisitions