This book provides a basic working knowledge of international business finance. It includes a self-contained study of the instruments used by currency traders and hedgers, and will help the reader to understand how managers of international corporations carry out their business. Organized in three sections, the book: * examines the mechanics of the foreign exchange market, reviewing spot, forwards, futures and options * constructs the main building blocks of international finance including interest rate parity an arbitrage * introduces the reader to corporate aspects.
