Publisher description for Multinational financial management / Alan C. Shapiro.


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Counter 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.

Library of Congress subject headings for this publication: International business enterprises Finance