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大学金融学英语教材推荐在大学金融学学习中，适合每个学院的英语教材是至关重要的。
一个好的教材不仅可以帮助学生更好地理解金融学的基本概念和原理，还能提供实际案例和例题，从而使学生更好地应用所学知识。
下面是一些适合大学金融学的英语教材推荐。
1. "Principles of Corporate Finance" by Richard A. Brealey, Stewart C. Myers, and Franklin Allen这本教材是金融学领域的经典之作。
它详细介绍了公司财务管理的原则和理论，并通过案例和例题帮助学生应用所学知识。
该教材清晰地解释了股票、债券、投资组合等金融工具的基本概念，并提供了金融管理决策的框架。
2. "Investments" by Zvi Bodie, Alex Kane, and Alan J. Marcus该教材重点介绍了投资学的基本概念和原理。
它涵盖了投资组合理论、资本资产定价模型、股票和债券分析等内容。
该教材以实践导向，提供了案例和实例，帮助学生了解如何进行投资决策。
3. "Financial Markets and Institutions" by Frederic S. Mishkin and Stanley G. Eakins这本教材主要讲述了金融市场和金融机构的运作原理。
它包括货币市场、债券市场、股票市场等内容，并对商业银行、保险公司等金融机构进行了深入的分析。
该教材通过案例和实例，帮助学生理解金融市场的重要性和金融机构的作用。
4. "Options, Futures, and Other Derivatives" by John C. Hull该教材详细介绍了期权、期货和其他衍生品的原理和应用。
它覆盖了期权和期货合约的估值、风险管理策略、期权定价模型等内容。
这本教材非常实用，适合对金融衍生品感兴趣的学生。
国际金融英文教材
以下是一些国际金融英文教材的推荐：
1. 《国际金融学》（第10版），作者：马丁·舒贝克（Martin Schubert）
2. 《国际金融：理论、政策与实践》（第5版），作者：约翰·戈登（John Goddard）
3. 《国际金融：现代理论》（第5版），作者：卡伦·金（Karen Goldberg）
4. 《国际金融与市场》（第12版），作者：克利夫·科普兰（Clive Copeland）
5. 《国际金融：政策与工具》（第3版），作者：约翰·怀特（John White）
6. 《国际金融学》，作者：吉拉德·巴利（Gerard Ballagh）
7. 《国际货币与金融经济学》，作者：罗伯特·蒙代尔（Robert Mundell）
8. 《国际金融市场与投资》，作者：大卫·科斯廷（David Kostin）
9. 《国际金融：理论与实践》，作者：大卫·奥利弗（David Oliver）
10. 《国际金融与经济发展》，作者：托马斯·彼得森（Thomas Peterson）
这些教材都是国际金融领域的经典之作，具有一定的权威性和实用性。
但是，教材的选择应该根据个人的学习需求、学术背景和兴趣爱好进行综合考虑，以便更好地满足学习和研究的需要。
《国际金融》教案最新版一、课程简介1. 课程名称：国际金融2. 课程性质：专业核心课3. 学时：644. 学分：45. 适用对象：金融学专业本科生、研究生6. 课程目标：使学生了解国际金融市场的基本原理、运行机制和主要金融工具，掌握国际金融实务操作技能，提高分析和解决国际金融问题的能力。
二、教学内容1. 导论：国际金融的基本概念、国际金融市场的构成与发展、国际金融体系的特点与演变2. 国际汇率制度：汇率与汇率制度、外汇市场与外汇交易、汇率决定理论、汇率政策与汇率风险管理3. 国际资本市场：国际股票市场、国际债券市场、国际投资、国际资本流动与资本管制4. 国际贸易金融：国际贸易融资、国际结算、信用证、押汇、福费廷、保理5. 国际金融衍生品市场：金融期货、金融期权、金融互换、结构化金融产品三、教学方法1. 讲授：通过讲解，使学生掌握国际金融的基本概念、理论体系和实务操作。
2. 案例分析：分析国际金融市场实际案例，提高学生解决实际问题的能力。
3. 讨论与辩论：组织学生就国际金融热点问题进行讨论与辩论，培养学生的思辨能力和团队协作精神。
4. 实践操作：通过模拟外汇交易、金融衍生品交易等实践环节，提高学生的动手操作能力。
四、教学评价1. 平时成绩：课堂参与度、作业、小测验等，占比30%。
2. 期中考试：闭卷考试，占比40%。
3. 期末考试：闭卷考试，占比30%。
五、教学资源1. 教材：推荐国内外优秀教材，如《国际金融》（第四版），作者：张军。
2. 辅助教材：推荐相关学术论文、研究报告、新闻报道等，以丰富学生的知识来源。
3. 网络资源：利用网络平台，提供国际金融市场实时数据、案例分析等教学资源。
4. 软件工具：使用模拟交易软件、数据分析软件等，辅助学生进行实践操作。
六、教学安排1. 课时分配：导论：8课时国际汇率制度：12课时国际资本市场：12课时国际贸易金融：12课时国际金融衍生品市场：12课时案例分析与实践操作：8课时2. 教学进度：按照教材章节顺序进行，每周授课2课时。
PartⅠ.Decide whether each of the following statements is true or false (10%)每题1分, 答错不扣分1.I.perfec.market.existed.resource.woul.b.mor.mobil.an.coul.therefor.b.transferre.t.thos.countrie.mor.willin.t.pa..hig.pric.fo.them.. .. .2.Th.forwar.contrac.ca.hedg.futur.receivable.o.payable.i.foreig.currencie.t.insulat.th.fir.agains.exchang.rat.risk ... . )3.Th.primar.objectiv.o.th.multinationa.corporatio.i.stil.th.sam.primar.objectiv.o.an.firm.i.e..t.maximiz.sharehol de.wealth.. .. )4..lo.inflatio.rat.tend.t.increas.import.an.decreas.exports.thereb.decreasin.th.curren.accoun.deficit.othe.thing.e qual......5..capita.accoun.defici.reflect..ne.sal.o.th.hom.currenc.i.exchang.fo.othe.currencies.Thi.place.upwar.pressur.o.tha.hom.currency’.value.. .. )parativ.advantag.implie.tha.countrie.shoul.specializ.i.production.thereb.relyin.o.othe.countrie .fo.som.products.. .. .7.Covere.interes.arbitrag.i.plausibl.whe.th.forwar.premiu.reflec.th.interes.rat.differentia.betwee.tw.countrie.sp ecifie.b.th.interes.rat.parit.formula. .. . )8.Th.tota.impac.o.transactio.exposur.i.o.th.overal.valu.o.th.firm.. .. .9. .pu.optio.i.a.optio.t.sell-b.th.buye.o.th.option-.state.numbe.o.unit.o.th.underlyin.instrumen.a..specifie.pric.pe.uni.durin..specifie.period... . )10.Future.mus.b.marked-to-market.Option.ar.not.....)PartⅡ:Cloze (20%)每题2分, 答错不扣分1.I.inflatio.i..foreig.countr.differ.fro.inflatio.i.th.hom.country.th.exchang.rat.wil.adjus.t.maintai.equal.. purchasin.powe... ）2.Speculator.wh.expec..currenc.t..appreciat..... .coul.purchas.currenc.future.contract.fo.tha.currency.3.Covere.interes.arbitrag.involve.th.short-ter.investmen.i..foreig.currenc.tha.i.covere.b.....forwar.contrac...... .t. sel.tha.currenc.whe.th.investmen.matures.4.. Appreciation.Revalu....）petitio.i.increased.5.....PP... .suggest..relationshi.betwee.th.inflatio.differentia.o.tw.countrie.an.th.percentag.chang.i.th.spo.exchang.ra t.ove.time.6.IF.i.base.o.nomina.interes.rat....differential....).whic.ar.influence.b.expecte.inflation.7.Transactio.exposur.i..subse.o.economi.exposure.Economi.exposur.include.an.for.b.whic.th.firm’... valu... .wil.b.affected.modit.a..state.pric.i..... pu..optio..i.exercised9.Ther.ar.thre.type.o.long-ter.internationa.bonds.The.ar.Globa.bond. .. eurobond.....an....foreig.bond...).10.An.goo.secondar.marke.fo.financ.instrument.mus.hav.a.efficien.clearin.system.Mos.Eurobond.ar.cleare.thr oug.eithe...Euroclea... ..o.Cedel.PartⅢ:Questions and Calculations (60%)过程正确结果计算错误扣2分rmation:A BankB BankBid price of Canadian dollar $0.802 $0.796Ask price of Canadian dollar $0.808 $0.800rmation.i.locationa.arbitrag.possible?put.t h.profi.fro.thi.arbitrag.i.yo.ha.$1,000,e.(5%)ANSWER:Yes! One could purchase New Zealand dollars at Y Bank for $.80 and sell them to X Bank for $.802. With $1 million available, 1.25 million New Zealand dollars could be purchased at Y Bank. These New Zealand dollars could then be sold to X Bank for $1,002,500, thereby generating a profit of $2,500.2.Assum.tha.th.spo.exchang.rat.o.th.Britis.poun.i.$1.90..Ho.wil.thi.spo.rat.adjus.i.tw.year.i.th.Unite.Kingdo.experience.a.inflatio.rat.o..percen.pe.yea.whil.th.Unite.State.experience.a.inflatio.rat.o..perc en. pe.year?(10%)ANSWER:According to PPP, forward rate/spot=indexdom/indexforth.exchang.rat.o.th.poun.wil.depreciat.b.4..percent.Therefore.th.spo.rat.woul.adjus.t.$1.9..[..(–.047)..$1.81073.Assum.tha.th.spo.exchang.rat.o.th.Singapor.dolla.i.$0.70..Th.one-yea.interes.rat.i.1.percen.i.th.Unite.State.a n..percen.i.Singapore..Wha.wil.th.spo.rat.b.i.on.yea.accordin.t.th.IFE?.(5%)ANSWER: according to the IFE,St+1/St=(1+Rh)/(1+Rf)$.70 × (1 + .04) = $0.7284.Assum.tha.XY.Co.ha.ne.receivable.o.100,00.Singapor.dollar.i.9.days..Th.spo.rat.o.th.S.i.$0.50.an.th.Singap or.interes.rat.i.2.ove.9.days..Sugges.ho.th.U.S.fir.coul.implemen..mone.marke.hedge..B.precis. .(10%)ANSWER: The firm could borrow the amount of Singapore dollars so that the 100,000 Singapore dollars to be received could be used to pay off the loan. This amounts to (100,000/1.02) = about S$98,039, which could be converted to about $49,020 and invested. The borrowing of Singapore dollars has offset the transaction exposure due to the future receivables in Singapore dollars.pan.ordere..Jagua.sedan.I..month..i.wil.pa.£30,00.fo.th.car.I.worrie.tha.poun.ster1in.migh.ris.sharpl.fro.th.curren.rate($1.90)pan.bough...mont.poun.cal.(suppose.contrac.siz..£35,000.wit..strik.pric.o.$1.9.fo..premiu.o.2..cents/£.(1)Is hedging in the options market better if the £ rose to $1.92 in 6 months?(2)what did the exchange rate have to be for the company to break even?（15%）Solution:(1)I.th..ros.t.$pan.woul. exercis.th.poun.cal.option.Th.su.o.th.strik.pric.an.premiu..i.$1.90 + $0.023 = $1.9230/£Thi.i.bigge.tha.$1.92.So hedging in the options market is not better.(2.whe.w.sa.th. compan.ca.brea.even.w.mea.tha.hedgin.o.no.hedgin.doesn’. matter.An.onl.whe.(strik.pric..premiu.).th.exchang.rat.,hedging or not doesn’t matter.So, the exchange rate =$1.923/£.6.Discus.th.advantage.an.disadvantage.o.fixe.exchang.rat.system.(15%)textbook page50 答案以教材第50 页为准PART Ⅳ: Diagram(10%)Th.strik.pric.fo..cal.i.$1.67/£.Th.premiu.quote.a.th.Exchang.i.$0.022.pe.Britis.pound.Diagram the profit and loss potential, and the break-even price for this call optionSolution:Following diagram shows the profit and loss potential, and the break-even price of this put option:PART Ⅴa) b) Calculate the expected value of the hedge.c) How could you replicate this hedge in the money market?Yo.ar.expectin.revenue.o.Y100,00.i.on.mont.tha.yo.wil.nee.t.cover.t.dollars.Yo.coul.hedg.thi.i.forwar.market.b.takin.lon.position.i.U.dollar.(shor.position.i.Japanes.Yen).B.lockin.i.you.pric.a.$..Y105.you.dolla.revenue.ar.guarantee.t.b.Y100,000/ 105 = $952You could replicate this hedge by using the following:a) Borrow in Japanb) Convert the Yen to dollarsc) Invest the dollars in the USd) Pay back the loan when you receive the Y100,000。
INTERNATIONAL FINANCEAssignment Problems (5) Name: Student#:I. Choose the correct answer for the following questions (only correct answer) (3 credits for each question, total credits 3 x 20 = 60)1. When the supply of and demand for a foreign exchange in the foreign exchange market are exactly the same, the exchange rate is the __________.A. real exchange rateB. effective exchange rateC. equilibrium exchange rateD. cross exchange rate2. An increase in the demand for French goods and services will __________.A. induce a rightward shift in the demand for euroB. induce a leftward shift in the demand for euroC. result in a rightward movement along the demand curve for euroD. result in a leftward movement along the demand curve for euro3. If U.S. dem and for Japanese goods increases and Japan’s demand for U.S. products also rises at the same time, which of the following can you conclude in this situation?A. The U.S. dollar will appreciate against the yen.B. The U.S. dollar will depreciate against the yen.C. The U.S. dollar will not change relative to the yen.D. The U.S. dollar may appreciate, depreciate, or remain unchanged against theyen.4. If the price of a pair of Nike sneakers costs $85 in U.S, and the price of the same sneakers is €80 in Pari s, the spot rate is $1.35 per euro, the euro __________.A. is correctly valued according to PPPB. is correctly valued according to relative PPPC. is undervalued according to PPPD. is overvalued according to PPP5. If the expected exchange rate E (SB/A) according to the relative purchasing power parity is lower than the spot exchange rate (SB/A), we may conclude that __________.A. country B is expected to run huge BOP surplus with country AB. country A’s interest rate is going to be lower than that of country B’sC. the expected inflation rate in country A is higher than the expected inflation rate in country BD. the expected inflation rate in country A is lower than the expected inflation rate in country B6. Assume that PPP holds in the long run. If the price of a tradable good is $20 in the U.S. and 100 pesos in Mexico; and the exchange rate is 7 pesos/$ right now, which of the following changes might we expect in the future?A. an increase in the price of the good in the U.SB. a decrease in the price of the good in MexicoC. an appreciation of the peso in nominal termsD. a depreciation of the peso in nominal terms7. Which basket of goods would be most likely to exhibit absolute purchasing power parity?A. Highly tradable commodities, such as wheatB. The goods in the Consumer Price indexC. Specialized luxury goods, which are subject to different tax rates across countriesD. Locally produced goods, such as transportation services, which are not easily traded8. The absolute purchasing power parity says that the exchange rate between the two currencies should be determined by the __________ .A. relative inflation rate of the two currenciesB. relative price level of the two countriesC. relative interest rate of the two currenciesD. relative money supply of the two countries9. According to the relative PPP, if country A’s inflation rate is higher than country B’s inflation rate by 3%, __________.A. country A’s currency should depreciate against country B’s currency by 3%B. country A’s currency should appreciate against country B’s currency by 3%C. it is hard to say whether country A’s currency should appreciate or depreciate against country B’s currency. The exchange rate is influenced by many factorsD. none of the above is true10. If the law of one price holds for a particular good, we may conclude that __________.A. there is no trade barriers for the good among the different nationsB. the price of the good is the same ignoring the other expensesC. arbitrage for the good does not existD. all of the above are true11. An investor borrows money in one market, sells the borrowed money on the spot market, invests the proceeds of the sale inanother place and simultaneously buys back the borrowed currency on the forward market. This is called __________.A. uncovered interest arbitrageB. covered interest arbitrageC. triangular arbitrageD. spatial arbitrage12. Real return equalization across countries on similar financial instruments is called __________.A. interest rate parityB. uncovered interest parityC. forward parityD. real interest parity13. In which of the following situations would a speculator wish to sell foreign currency on the forward market?14. According to IRP, if the interest rate in country A is higher than that in country B, the forward exchange rate, defined as F1A/B is expected to be __________.A. lower than the spot rate S0A/BB. the same as the spot rate S0A/BC. higher than the spot rate S0A/BD. necessary the same as the future spot rate S1A/B15. For arbitrage opportunities to be practicable, __________.A. arbitragers must have instant access to quotesB. arbitragers must have instant access to executionsC. arbitragers must be able to execute the transactions without an initial sum of money relying on their bank’s credit standingD. All of the above must be true.16. The __________ states that the forward exchange rate quoted at time 0 for delivery at time t is equal to what the spot rate is expected to be at time t.A. interest rate parityB. uncovered interest parityC. forward parityD. real interest parity17. Assume expected value of the U.S. dollar in the future is lower than that now compared to the value of the Japanese yen. The U.S. inflation rate must be higher than Japan’s inflation rate according to __________.A. relative PPPB. Fisher equationC. International Fisher relationD. IRP18. According to covered interest arbitrage if an investor purchases a five-year U.S. bond that has an annual interest rateof 5% rather than a comparable British bond that has an annual interest rate of 6%, then the investor must be expecting the __________ to __________ at a rate at least of 1% per year over the next 5 years.A. British pound; appreciateB. British pound; revalueC. U.S. dollar; appreciateD. U.S. dollar; depreciate19. Covered interest arbitrage moves the market __________ equilibrium because __________.A. toward; investors are now more willing to invest in risky securitiesB. toward; purchasing a currency on the spot market and selling in the forward market narrows the differential between the twoC. away from; purchasing a currency on the spot market and selling in the forward market increases the differential between the twoD. away from; demand for the stronger currency forces up the interest rates on the weaker security20. If the forward exchange rate is an unbiased predictor of the expected future spot rate, which of the following is NOT true?A. The future spot rate will actually be equal to what the forward rate predictsB. The forward premium or discount reflects the expected change in the spot exchange rate.C. Speculative activity ensures that the forward rate does not diverge too far from the market’s consensus expectation.D. All of the above are true.II. Problems (40 credits)1. The Argentine peso was fixed through a currency board at Ps1.00/$ throughout the 1990s. In January 2019 the Argentine peso was floated. On January 29, 2019, it was trading at Ps3.20/$. During that one year period Argentina’s inflation rate was 20% on an annualized basis. Inflation in the United States during that same period was2.2% annualized. (10 credits)a. What should have been the exchange rate in January 2019 if purchasing power parity held?b. By what percentage was the Argentine peso undervalued on an annualized basis?2. Assume that the interest rate paid by an American borrower on a ten-year foreign bond is 10% if the bond is sold in Denmark and 7% if the bond is sold in the Netherland. Will the expectedinflation rate in the Netherlands likely be higher than the expected inflation rate in Denmark? Will the Danish kroner be expected to increase in value against the Dutch guilder? Explain your answer. (5 credits)3. Suppose S = $1.25/₤and the 1-year forward rate is F = $1.20/₤. The real interest rate on a riskless government security is 2 percent in both England and the United States. The U.S. inflation rate is 5 percent. (5 credits)a. What is England’s nominal required rate of return on riskless government securities?b. What is England’s inflation rate if the equilibrium relationships hold?4. Akira Numata, a foreign exchange trader at Credit Suisse (Tokyo), is exploring covered interest arbitrage possibilities. He wants to invest $5,000,000 or its yen equivalent, in a covered interest arbitrage between U.S. dollars and Japanese yen. He faced the following exchange rate and interest rate quotes: (12 credits)5. On a particular day, the spot rate between Czech koruna (CKR) and the U.S. dollar is CKR30.35/$, while the interest rate ona one-year financial instrument in Czech is7.5% and 3.5% in U.S. (8 credits)a. What is your expected spot exchange rate a year later?b. You’re concerned your investment in the Czech Republic because of the economic uncertainty in that country. When you expect the future value of the koruna, you require a risk premium of 2%. What is the expected future spot rate supposed to be?Answers to Assignment Problems (5)Part II1. a. inflation differential (20% -2.2%) = 17.8%U.S. should have appreciated by 17.8%Implied exchange rate 1(1 + 17.8%) = Ps1.178/$b. (1.178 – 3.2 ) / 3.2 = -63.19%2. a. According to international Fisher equation: (1 + id) / (1 + if) = (1 + E[πd]) / (1 + E[πf])id: interest rate in Denmarkif: interest rate in Netherlandπd: Danish inflation rateπf Dutch inflation rateSince (1 + id) / (1 + if) = (1 +10%)/(1 + 7%) > 0So, (1 + E[πd]) / (1 + E[πf]) >0, which means the expected inflation rate in Denmark would be greater than that in Netherland.b. If Danish inflation is higher than Dutch inflation, Danish kroner will be expected to decrease in value against the Dutch guilder. (relative PPP theory)第 11 页。
国际金融习题集英语版Single－Choice Questions下载该金融英语习题集1．A country’s balance of payments records：ba．The value of all exports of goods and services from that country for a period of time．b．All flows of value between that country’s residents and residents of the rest of the world during a period of time．c．All flows of financial assets that cross that country’s borders during a period of time．d．All flows of goods into that country during a period of time．2．A credit item in the balance of payments is：aa．An item for which the country must be paid．b．An item for which the country must pay．c．Any imported item．d．An item that creates a monetary claim owed to a foreigner．3．Every international exchange of value is entered into the balance－of－payments accounts __________ time（s）．ba．1b．2c．3d．4下载该金融英语习题集4．A debit item in the balance of payments is：ba．An item for which the country must be paid．b．An item for which the country must pay．c．Any exported item．d．An item that creates a monetary claim on a foreigner．5．In a nation's balance of payments，which one of the following items is always recorded as a positive entry? da．Changes in foreign currency reserves．b．Imports of goods and services．c．Military foreign aid supplied to allied nations．d．Purchases by foreign travelers visiting the country．6．The sum of all of the debit items in the balance of payments：ba．Equals the overall balance．b．Equals the sum of all credit items．c．Equals ‘compensating’ transactions．d．Equals the sum of credit items minus errors and omissions．7．Which of the following capital transactions are entered as debits in the U．S．balance of payments?ba．A U．S．resident transfers $100 from his account at Credit Suisse in Basel （Switzerland）to his account at a San Francisco branch of Wells Fargo Bank．b．A French resident transfers $100 from his account at Wells Fargo Bank in San Francisco to his Credit Suisse account in Basel．c．A U．S．resident sells his IBM stock to a French resident．d．A U．S．resident sells his Credit Suisse stock to a French resident．8．An increase in a nation's financial liabilities to foreign residents is a：ca．Reserve inflow．b．Reserve outflow．c．Capital inflow．d．Capital outflow．下载该金融英语习题集9．__________ are money－like assets that are held by governments and that are recognized by governments as fully acceptable for payments between them．a a．Official international reserve assetsb．Unofficial international reserve assetsc．Official domestic reserve assetsd．Unofficial domestic reserve assets10．Which of the following is considered a capital inflow?aa．A sale of U．S．financial assets to a foreign buyer．b．A loan from a U．S．bank to a foreign borrower．c．A purchase of foreign financial assets by a U．S．buyer．d．A U．S．citizen’s repayment of a loan from a foreign bank．11．In a country’s balance of payments，which of the following transactions are debits?aa．Domestic bank balances owned by foreigners are decreased．b．Foreign bank balances owned by domestic residents are decreased．c．Assets owned by domestic residents are sold to nonresidents．d．Securities are sold by domestic residents to nonresidents．12．The role of __________ is to direct one nation’s savings into another nation’s investments：da．Merchandise trade flowsb．Services flowsc．Current account flowsd．Capital flows下载该金融英语习题集13．The net value of flows of goods，services，income，and unilateral transfers is called the：ba．Capital account．b．Current account．c．Trade balance．d．Official reserve balance．14．The net value of flows of financial assets and similar claims （excluding official international reserve asset flows）is called the：aa．Financial account．b．Current account．c．Trade balance．d．Official reserve balance．15．The financial account in the U．S．balance of payments includes：ba．Everything in the current account．b．U．S．government payments to other countries for the use of military bases．c．Profits that Nissan of America sends back to Japan．d．New U．S．investments in foreign countries．16．A U．S．resident increasing her holdings of a foreign financial asset causes a：da．Credit in the U．S．current account．b．Debit in the U．S．current account．c．Credit in the U．S．capital account．下载该金融英语习题集d．Debit in the U．S．capital account．17．A foreign resident increasing her holdings of a U．S．financial asset causes a：ca．Credit in the U．S．current account．b．Debit in the U．S．current account．c．Credit in the U．S．capital account．d．Debit in the U．S．capital account．18．A deficit in the current account：aa．Tends to cause a surplus in the financial account．b．Tends to cause a deficit in the financial account．c．Has no relationship to the financial account．d．Is the result of increasing exports and decreasing imports．19．In September，2005，exports of goods from the U．S．decreased $3．3 billion to $73．4 billion，and imports of goods increased $3．8 billion to $144．5 billion．This increased the deficit in：ca．The balance of payments．b．The financial account．c．The current account．d．Unilateral transfers．20．Which of the following would contribute to a U．S．current account surplus?ba．The United States makes a unilateral tariff reduction on imported goods．b．The United States cuts back on American military personnel stationed in Japan．c．U．S．tourists travel in large numbers to Asia．d．Russian vodka becomes increasingly popular in the United States．21．Which of the following transactions is recorded in the financial account?aa．Ford motor company builds a new plant in Chinab．A Chinese businessman imports Ford automobiles from the United States．c．A U．S．tourist spends money on a trip to China．d．The New York Yankees are paid $10 million by the Chinese to play an exhibition game in Beijing，China．22．If a British business buys U．S．government securities，how will this be entered in the balance of payments?ca．It will appear in the trade account as an import．b．It will appear in the trade account as an export．c．It will appear in the financial account as an increase in U．S．assets held by foreigners．d．It will appear in the financial account as a decrease in U．S．assets held by foreigners．23．In the balance of payments，the statistical discrepancy or error term is used to：a a．Ensure that the sum of all debits matches the sum of all credits．b．Ensure that imports equal the value of exports．c．Obtain an accurate account of a balance－of－payments deficit．d．Obtain an accurate account of a balance－of－payments surplus．24．Official reserve assets are：ba．The gold holdings in the nation’s central bank．下载该金融英语习题集b．Money like assets that are held by governments and that are recognized by governments as fully acceptable for payments between them．c．Government T－bills and T－bonds．d．Government holdings of SDR’s25．Which of the following constitutes the largest component of the world’s international reserve assets?da．Gold．b．Special Drawing Rights．c．IMF Reserve Positions．d．Foreign Currencies．26．The net accumulation of foreign assets minus foreign liabilities is： ca．Net official reserves．b．Net domestic investment．c．Net foreign investment．d．Net foreign deficit．27．A country experiencing a current account surplus：ba．Needs to borrow internationally．b．Is able to lend internationally．下载该金融英语习题集c．Must also have had a surplus in its "overall" balance．d．Spent more than it earned on its merchandise and service trade，international income payments and receipts and international transfers．28．The __________ measures the sum of the current account balance plus the private capital account balance．ca．Official capital balanceb．Unofficial capital balancec．Official settlements balanced．Unofficial settlements balance29．If the overall balance is in __________，there is an accumulation of official reserve assets by the country or a decrease in foreign official reserve holdings of the country's assets．a a．Surplusb．Deficitc．Balanced．Foreign hands30．Which of the following is the current account balance NOT equal to?da．The difference between domestic product and domestic expenditure．b．The difference between national saving and domestic investment．c．Net foreign investment．d．The difference between government saving and government investment．。
40本顶级经典金融学书籍英文版一、经典中的经典！1、金融学，兹威博迪，罗伯特莫顿（中文版）2、Asset Pricing 2005，John H. Cochrane3、Dynamic Asset Pricing ,Duffie4、Continuous-Time Finance Robert C. Merton二、固定收益1、Interest Rate- Models Theory and Practice (2nd Edition),Damiano Brigo ·Fabio Mercurio2、The Handbook of Fixed Income Securities 7thE,Frank J. Fabozzi三、投资学Investments--Bodie, Kane, Marcus 5ed四、金融工程和数量金融1、Principle of financial engineering，Salih N. Neftci2、FINANCIAL ENGINEERING AND COMPUTATION,YUH-DAUH LYUU3、Introduction to the Economics and Mathematics of Financial Markets,Jakˇsa Cvitani´c and Fernando Zapatero4、A Benchmark of quantative finace,Eckhard Platen5、Dynamic Structure Modeling,SANJAY K. NAWALKHA6、Numerical Methods for Finance,Jhon A.D.Appleby五、公司财务与兼并收购1、Corporate Fiance 6e,Ross−Westerfield−Jaffe2、Corporate Finance-theory practice，Pascal Quiry Maurizio Dallocchio Yann Le Fur Antonio Salvi3、The Theory of Corporate Finance，Jean Tirole4、Handbook of Corporate Finance1,WILLIAM T. ZIEMBA5、Handbook of Corporate Finance2,WILLIAM T. ZIEMBA6、Principles of Corporate Finance, Seventh Edition,Brealey−Meyers7、Mergers, Acquisitions and Corporate Restructuring,PATRICK A. GAUGHAN8、Mergers, Acquisitions and Corporate Restructuring,Chandrashekar Krishnamurti Vishwanath S.R.六、金融市场、机构和货币经济学1、The economics of money,banking and financial markets,Mishkin2、Monetary Economics,Jagdish Handa3、Monetary Theory and Policy，Carl E. Walsh4、Financial Markets and Institutions 5e,Peter Howells and Keith Bain5、Handbook of Finance Financial Markets and Instruments - (2008),Frank J. Fabozzi6、Microeconomics of Banking 2e,Xavier Freixas and Jean-Charles Rochet七、国际金融和汇率1、The Economics of Exchange Rates,Lucio Sarno2、Handbook of International Banking 2003,Andrew W. Mullineux3、International Finance--Putting Theory Into Practice,Piet Sercu八、行为金融Advances in Behavioral Finance,Richard H. Thaler12月16日更新UNDERSTANDING FINANCIAL CRISES,FRANKLIN ALLEN Understanding International Bank Risk,Andrew Fight1Frequently Asked Questions in Quantitative Finance(Wilmott)2Paul Wilmott Introduces Quantitative Finance,Paul Wilmott Fixed Income Analysis 2ndE Frank J. FabozziFixed Income Markets and Their Derivatives,Suresh Sundaresan subprime mortigage credit derivativesPrinciples of Financial Economics,Stephen F. LeRoyFinancial risk manager handbook,PHILIPPE JORIONMeasuring Market Risk,Kevin Dowd。
大学专业英语教材书推荐近年来，随着全球化的加速发展，英语已经成为了一门必备的专业技能。
在大学专业学习过程中，选择一本合适的英语教材书对于学生们的学习进步至关重要。
本文将为大家推荐几本经典的大学专业英语教材书。
一、《大学英语》《大学英语》是由主编李荣炎所著，适用于大学英语专业的教材书。
本书内容包含了从基础英语到高级英语的全面知识体系，主要着重培养学生的英语听说读写能力。
教材内的例句和对话是实用的，从实际生活中选取材料，能够帮助学生灵活运用英语表达自己的观点。
此外，该书还配有练习题及答案解析，可供学生自学使用。
二、《商务英语》《商务英语》是面向商务专业学生而设计的教材。
该书主要关注商务领域的专业词汇和交流技巧。
教材内容包括商务英语的基础知识、商务会谈、商务函电、商务演讲等多个方面，覆盖了商务英语的各个方面。
此书通过实际案例分析和商务场景模拟，能够帮助学生更好地理解商务沟通技巧，并提升实际应用能力。
三、《英美文学选读》《英美文学选读》是一本适用于英语专业学生和文学爱好者的教材。
本书选取了世界文学经典作品中的精华部分，涵盖了从中古时期到现代文学的各个时期和题材。
教材注重作者的背景介绍和作品的文化内涵，对于深入理解英美文学的发展和特点非常有帮助。
此外，教材还包含了详细的分析和讨论问题，可以帮助学生拓展思维，提高专业素养。
四、《英语写作与翻译》《英语写作与翻译》是一本专注于提高学生英语写作和翻译能力的教材。
书中包含了大量的写作和翻译实例，同时给出了具体的写作要点和常用表达方式。
教材还以综合性的项目作业形式出现，帮助学生熟悉真实工作场景中的英语写作和翻译任务。
通过不断的实践和反馈，学生可以逐步提高自己的表达能力和专业素养。
总结起来，针对大学专业英语学习，选择一本合适的教材书非常重要。
本文推荐了几本经典的教材，包括《大学英语》、《商务英语》、《英美文学选读》和《英语写作与翻译》。
这些教材内容全面，涵盖了不同专业的英语学习需求，并提供了实用的例句、练习题及答案解析，能够帮助学生掌握英语听说读写等各个方面的技能。
英语专业综合英语教材
英语专业综合英语教材有很多种，以下是一些常见的教材：
1.《新编英语教程》（上、下册）：由上海外语教育出版社出版，内容涵盖听、说、读、写、译等方面，注重提高学生的实际应用能力。
2.《综合英语》（一、二、三、四册）：由高等教育出版社出版，内容涵盖听、说、读、写、译等方面，注重培养学生的语言综合运用能力。
3.《现代大学英语》（精读、听力、写作等系列教材）：由北京外国语大学出版出版，内容涵盖听、说、读、写、译等方面，注重提高学生的语言技能和跨文化交际能力。
4.《新标准大学英语》（综合教程、视听说教程等系列教材）：由外语教学与研究出版社出版，内容涵盖听、说、读、写、译等方面，注重培养学生的实际应用能力和跨文化交际能力。
5.《英语专业四级考试（TEM4）指南》：由上海外语教育出版社出版，包括听力、阅读、语法与词汇、完形填空、写作等方面的指导和练习。
以上是一些常见的英语专业综合英语教材，不同的教材有不同的特点和适用范围，可以根据自己的需求和实际情况选择适合自己的教材。
国际金融英语ENGLISHFOR INTERNATIONAL FINANCE顾维勇GU WEIYONGSCHOOL OF FOREIGN LANGUAGESNANJING XIAOZHUANG COLLEGE2008. 02. —2008. 06.LESSON 1 The Gold Standard Era, 1870 — 1914Origins of the Gold StandardThe gold standard had its origin in the use of gold coins as a medium of exchange, unit of account, and store of value. While gold has been used in this way since ancient times, the gold standard as a legal institution dates back to 1819, when the British Parliament passed the Resumption Act. The Resumption Act marks the first adoption of a true gold standard because it simultaneously repealed long-standing restrictions on the export of gold coins and bullion from Britain.Later in the nineteenth century, Germany, Japan, and other countries also followed suit.The U.S. effectively joined the gold standard in 1879 and institutionalized the dollar-gold link through the U.S. Gold Standard Act of 1900. With Britain's preeminence in international trade and the advanced development of its financial system, London naturally became the center of the international monetary system built on the gold standard.The Gold Standard RulesThe gold standard regime has conventionally been associated with three rules of the game. The first rule is that in each participating country the price of the domestic currency must be fixed in terms of gold. Since the gold content in one unit of each currency was fixed, exchange rates were also fixed. This was called the mint parity. The second rule is that there must be a free import and export of gold. The third rule is that the surplus country, which is gaining gold, should allow its volume of money to increase while the deficit country, which is losing gold, should allow its volume of money to fall.The first two rules together ensure that exchange rates between participating countries are fixed within fairly narrow limits. With the price of any two currencies fixed in terms of gold the implied exchange rate between the two currencies is also fixed and any significant deviation from this fixed rate will be rapidly eliminated by arbitrage operations.The third rule, requiring the volume of money to be linked in each participating country to balance of payments developments, provides an "automatic" mechanism of adjustment which ensures that, ultimately, any balance of payments disequilibria willbe corrected.The Automatic Adjustment Mechanism under the Gold StandardThe gold standard contains some powerful automatic mechanisms that contribute to the simultaneous achievement of balance of payments equilibrium by all countries. The most important of these was the price-specie-flow mechanism (precious metals were referred to as "specie"). Hume's description of this mechanism has been translated into modern terms. Assume that Britain's current account surplus is greater than its non-reserve capital account deficit. In this case, foreigners' net imports from Britain are not being financed entirely by British loans. The balance must be matched by flows of international reserves that is, of gold —into Britain. The gold inflows into Britain automatically reduce foreign money supplies and increase Britain's money supply, driving foreign prices downward and British prices upward. As a result, the demand for British goods and services will fall and at the same time the British demand for foreign goods and services will increase. Eventually, reserve movements stop and both countries reach balance of payments equilibrium. The same process also works in reverse, eliminating an initial situation of foreign surplus and British deficit.However, the response of central banks to gold flows across their borders furnished another potential mechanism to help restore balance of payments equilibrium. Central banks experiencing persistent gold outflows were motivated to contract their domestic asset holdings for the fear of becoming unable to meet their obligation to redeem currency notes. Thus domestic interest rates were pushed up and capital would flow in from abroad. Central banks gaining gold had much weaker incentives to eliminate their own imports of the metal. The main incentive was the greater profitability of interest-bearing domestic assets compared with "barren" gold. Central banks that were accumulating gold might be attempted to purchase domestic assets, thereby increasing capital outflows and driving gold abroad. These domestic credit measures, if undertaken by central banks, reinforced the price-specie-flow mechanism in pushing all countries toward balance of payments equilibrium. Because such measures speeded up the movement of countries toward their external balance goals, they increased the efficiency of the automatic adjustment processes inherent in the gold standard.However, research has shown that countries often reversed the steps mentioned above and sterilized gold flows, that is, sold domestic assets when foreign reserves were rising and bought domestic assets as foreign reserves fell. Government interference with private gold exports also undermined the system. The picture of smooth and automatic balance of payments adjustment before World War I therefore did not always match reality.Given the prices of currencies fixed in terms of gold, the price levels within gold standard countries did not rise as much between 1870 and 1914 as over the period after World War Ⅱ, but national price levels moved unpredictably over shorter horizons as periods of inflation and deflation followed each other. What is more, the gold standard does not seem to have done much to ensure full employment. A fundamental cause of short term internal instability under the pre-1914 gold standard was the subordination of economic policy to external objectives. Internal policy objectives were only emphasized after World War Ⅰ as a result of the worldw ide economic instability of the interwar years, 1918 — 1939. To understand how the post-World War Ⅱ international monetary system tried to reconcile the goals of internal and external balance, we need to examine the economic events of the period between the two world wars.复数问题：本课中出现了大量的英语复数形式词，需要学习者特加注意。
