国际金融CH13(2课时)共103页

《国际金融学》课程教案一、教案概述《国际金融学》课程主要介绍国际金融市场、外汇市场、国际贸易融资、汇率决定理论、国际金融政策等内容。

通过本课程的学习，使学生了解和掌握国际金融的基本概念、基本理论和基本技能，培养学生分析和解决国际金融问题的能力。

二、教学目标1. 了解国际金融的基本概念和基本制度；2. 掌握国际金融市场的运行机制和主要金融机构；3. 熟悉外汇市场的运作原理和汇率决定理论；4. 理解国际贸易融资的方式和特点；5. 掌握国际金融政策的内容和实施手段。

三、教学内容第一章：国际金融导论1. 国际金融的概念与范围2. 国际金融市场的分类与功能3. 国际金融体系的发展与现状第二章：外汇与汇率1. 外汇的概念与分类2. 汇率的定义与分类3. 汇率的决定理论四、教学方法1. 讲授法：通过教师的讲解，使学生掌握国际金融的基本概念、理论和政策；2. 案例分析法：通过分析实际案例，使学生了解国际金融市场的运作方式和外汇市场的实际操作；3. 小组讨论法：分组讨论，培养学生的合作精神和口头表达能力。

五、教学评价1. 平时成绩：包括课堂表现、作业完成情况等，占总评的40%；2. 期中考试：测试学生对国际金融基本理论和知识的掌握，占总评的30%；3. 期末考试：测试学生对整个课程的理解和运用能力，占总评的30%。

六、第六章：国际金融市场1. 国际金融市场的类型与特征2. 国际货币市场与资本市场3. 国际金融市场的风险与监管七、第七章：国际贸易融资1. 国际贸易融资的概述与类型2. 信用证与汇票3. 国际保理与福费廷八、第八章：汇率决定理论（续）1. 利率平价理论2. 购买力平价理论3. 资产市场模型九、第九章：国际金融政策1. 国际金融政策的目标与工具2. 汇率政策与资本管制3. 国际金融政策的协调与合作十、第十章：国际金融与发展1. 国际金融与发展问题的概述2. 国际金融援助与贷款3. 国际金融与发展政策的启示十一、教学资源1. 教材：推荐使用《国际金融学》教材，出版社：高等教育出版社，作者：张军2. 参考书目：为学生提供相关的参考书目，以拓展学生的知识面3. 网络资源：提供相关的在线课程、论文和新闻，帮助学生及时了解国际金融领域的最新动态十二、教学进度安排1. 每章节安排2-3课时，共计30课时2. 每章节结束后进行一次小测验，以巩固学生的学习成果3. 期中考试安排在第九周，期末考试安排在第十八周十三、教学辅助工具1. 多媒体教学：使用PPT、视频等教学辅助工具，提高课堂效果2. 网络平台：建立课程网站，教学资料，方便学生自学和交流十四、课程总结与反馈1. 在课程结束后，组织一次课程总结会议，总结教学过程中的优点与不足2. 收集学生的反馈意见，对教学内容和方法进行调整和改进3. 定期与学生交流，了解学生的学习需求，提高教学质量十五、课程评价与改进1. 定期对课程进行评价，了解学生的学习效果和满意度2. 根据评价结果，对教学内容、方法和评价体系进行持续改进3. 关注国际金融领域的最新发展，及时更新教学内容和案例。

Fundamentals of Multinational Finance, 3e (Moffett)Chapter 13 Sourcing Equity Capital Globally13.1 Multiple Choice and True/False Questions1) T he choice of when and how to source equity globally is usually aided early on by the adviceofA) a n investment banker.B) y our stock broker.C) a commercial banker.D) a n underwriter.Answer: ATopic: E quity SourcingSkill: R ecognition2) I nvestment banking services include WHICH of the following?A) a dvising when a security should be cross-listedB) p reparation of stock prospectusesC) h elp to determine the price of the issueD) a ll of the aboveAnswer: DTopic: I nvestment BankingSkill: C onceptual3) M ost firms raise their initial capital in foreign markets.Answer: FALSETopic: R aising CapitalSkill: C onceptual4) W hich of the following is the typical order of sourcing capital abroad?A) A n international bond issue, then cross listing the outstanding issues on otherexchanges, then an international bond issue in the target market.B) A n international bond issue in the target market then cross listing the outstandingissues on other exchanges, then an international bond issue.C) A n international bond issue, then an international bond issue in the target market, thencross listing the outstanding issues on other exchanges.D) C ross listing the outstanding issues on other exchanges, then an international bondissue, then an international bond issue in the target market.Answer: CTopic: G lobal Equity SourcingSkill: C onceptual5) ________ are negotiable certificates issued by a bank to represent the underlying shares ofstock, which are held in trust at a foreign custodian bank.A) N egotiable CDsB) I nternational mutual fundsC) D epositary receiptsD) E urodepositsAnswer: CTopic: D epositary ReceiptsSkill: R ecognition6) D epositary receipts traded outside the United States are called ________ depositary receipts.A) E uroB) G lobalC) A mericanD) N one of the aboveAnswer: BTopic: G lobal Depositary ReceiptsSkill: R ecognition7) E ach ADR represents ________ of the shares of the underlying foreign stock.A) a multipleB) 100C) 1D) A DRs have nothing to do with foreign stocks.Answer: ATopic: A merican Depositary ReceiptsSkill: R ecognition8) A DRs cannot be exchanged for the underlying shares of the foreign stock, therefore,arbitrage cannot keep the prices in line with the foreign price of the stock.Answer: FALSETopic: A merican Depositary ReceiptsSkill: C onceptual9) W hich of the following is NOT an advantage of ADRs to U.S. shareholders?A) T ransfer of ownership is done in the U.S. in accordance with U.S. laws.B) I n the event of the death of the shareholder, the estate does not go through a foreigncourt.C) S ettlement for trading is generally faster in the United States.D) A ll of the above are advantages of ADRs.Answer: DTopic: A merican Depositary ReceiptsSkill: R ecognition10) A DRs that are created at the request of a foreign firm wanting its shares traded in the UnitedStates are ________.A) f acilitatedB) u nfacilitatedC) s ponsoredD) u nsponsoredAnswer: CTopic: A merican Depositary ReceiptsSkill: R ecognition11) W ho pays the costs of creating a sponsored ADR?A) t he foreign firm whose stocks underlie the ADRB) t he U.S. bank creating the ADRC) b oth the U.S. bank and the foreign firmD) t he SEC since they require the regulationAnswer: ATopic: A merican Depositary ReceiptsSkill: R ecognition12) A n unsponsored ADR may be initiated without the approval of the foreign firm with theunderlying stock.Answer: FALSETopic: A merican Depositary ReceiptsSkill: R ecognition13) L evel I ADRs trade primarilyA) o n the New York Stock Exchange.B) o n the American Stock Exchange.C) o ver the counter or pink sheets.D) L evel I ADRs typically do not trade at all, but instead are privately issued and helduntil maturity.Answer: CTopic: A merican Depositary ReceiptsSkill: R ecognition14) L evel II ADRs must meetA) U.S. GAAP standards.B) h ome country accounting standards.C) b oth U.S. GAAP and home country standards.D) n one of the above.Answer: ATopic: A merican Depositary ReceiptsSkill: C onceptual15) L evel ________ is the easiest standard to satisfy for issuing ADRs.A) 144aB) I IIC) I ID) IAnswer: DTopic: A merican Depositary ReceiptsSkill: R ecognition16) L evel III ADR commitment applies toA) f irms that want to list existing shares on the NYSE.B) b anks issuing foreign mutual funds.C) A DR issues of under $25,000.D) t he sale of a new equity issued in the United States.Answer: DTopic: A merican Depositary ReceiptsSkill: R ecognition17) B y cross listing and selling its shares on a foreign stock exchange a firm typically tries toaccomplish which of the following?A) i mprove the liquidity of its existing sharesB) i ncrease its share priceC) i ncrease the firmʹs visibilityD) a ll of the aboveAnswer: DTopic: C ross Listing Equity SharesSkill: C onceptual18) A DRs are considered an effective way for firms to improve the liquidity of their stock,especially if the home market is small and illiquid.Answer: TRUETopic: A merican Depositary ReceiptsSkill: C onceptual19) I n order, the largest stock exchanges in the world based on market capitalization of thesecurities traded there are ________.A) L ondon, NYSE, and NasdaqB) N YSE, Nasdaq, and LondonC) N asdaq, NYSE, and LondonD) T okyo, NYSE, and LondonAnswer: BTopic: W orld Equity MarketsSkill: R ecognition20) T he stock exchange with the greatest value of shares traded is ________.A) N YSEB) T okyoC) N asdaqD) L ondonAnswer: ATopic: W orld Equity MarketsSkill: R ecognition21) T he Tokyo exchange is the number one choice of firms looking to gain liquidity by cross-listing their equity securities.Answer: FALSETopic: W orld Equity MarketsSkill: R ecognition22) T ransaction costs for trading equity securities as measured by the bid-ask spreads are loweston which exchange?A) N YSEB) N asdaqC) L ondonD) T okyoAnswer: ATopic: W orld Equity MarketsSkill: R ecognition23) T he number of foreign firms traded on the London exchange is ________ than the numbertraded on the NYSE, and the costs of listing and disclosure in London are ________ those for the NYSE.A) l ess than; less thanB) l ess than; greater thanC) g reater than; less thanD) g reater than; greater thanAnswer: DTopic: W orld Equity MarketsSkill: R ecognition24) T he least liquid stock markets as identified by the authors offer little liquidity for their owndomestic firms, and are of little value to foreign firms.Answer: TRUETopic: M arket LiquiditySkill: C onceptual25) W hich one of the following characteristics does NOT contribute to overall market liquidity?A) S ignificant market making activities.B) R educed transaction costs.C) E ffective crisis management.D) A ll of the above contribute to efficient markets.Answer: ATopic: M arket LiquiditySkill: C onceptual26) Y our authors note several empirical studies that have foundA) n o share price effect for foreign firms that cross-list on major U.S. exchanges.B) a positive share price effect for foreign firms that cross-list on major U.S. exchanges.C) a negative share price effect for foreign firms that cross-list on major U.S. exchanges.D) n one of the above.Answer: BTopic: E mpirical Evidence of Cross-ListingSkill: R ecognition27) T he authors note empirical evidence that shows cross-listing foreign shares of stock on U.S.exchanges has a positive stock price effect. ________ for the listing of ADRs.A) T here is no stock price reactionB) T here is a negative stock price reactionC) T here is a positive stock price reactionD) N one of the above is true.Answer: DTopic: E mpirical Evidence of Cross-ListingSkill: C onceptual28) E mpirical evidence shows that new issues of equity by domestic firms in the U.S. markettypically has a ________ stock price reaction and new equity issues in the U.S. markets by foreign firms with segmented domestic markets have a ________ stock price reaction.A) n egative; negativeB) p ositive; negativeC) n egative; positiveD) p ositive; positiveAnswer: CTopic: E mpirical Evidence of Cross-ListingSkill: C onceptual29) I n addition to gaining liquidity, which of the following could also be considered a legitimatereason for cross-listing equity?A) e nhance a firmʹs local imageB) b ecome more familiar with the local financial communityC) g et better local press coverageD) a ll of the aboveAnswer: DTopic: R easons for Cross-ListingSkill: C onceptual30) F or the most part, U.S. SEC disclosure requirements are ________ stringent than other, non-U.S. equity market rules.A) m oreB) l essC) a s equallyD) n one of the aboveAnswer: ATopic: S EC Disclosure RequirementsSkill: R ecognition31) A ccording to the U.S. school of thought, the worldwide trend toward fuller and morestandardized disclosure rules should ________ the cost of equity capital.A) i ncreaseB) d ecreaseC) h ave no impact onD) n one of the aboveAnswer: BTopic: D isclosure RequirementsSkill: R ecognition32) A nother school of thought about the worldwide trend toward fuller and more standardizeddisclosure rules is that the cost of U.S. level equity capital disclosureA) c hases away potential listers of equity.B) i s an onerous costly burden.C) l eads to fewer foreign firms cross listing in U.S. equity markets.D) a ll of the above.Answer: DTopic: D isclosure RequirementsSkill: R ecognition33) W hich of the following were NOT identified by the authors as an alternative instrument tosource equity in global markets?A) s ale of a directed public share issue to investors in a target marketB) p rivate placements under SEC rule 144aC) s ale of shares to private equity fundsD) a ll of the aboveAnswer: DTopic: A lternative Equity SourcesSkill: R ecognition34) A ________ is defined as one that is targeted at investors in a single country andunderwritten in whole or part by investment institutions from that country.A) S EC rule 144a placementB) d irected public share issueC) E uroequity public issueD) s trategic allianceAnswer: BTopic: D irected Public IssueSkill: R ecognition35) T he term ʺeuroʺ as used in the euro equity market impliesA) t he issuers are located in Europe.B) t he investors are located in Europe.C) b oth A and B.D) n one of the above.Answer: DTopic: E uro Equity MarketSkill: R ecognition36) E mpirical evidence has found that on average public firms that have been privatized byissuing public equity haveA) i mproved profitability.B) h igher debt levels.C) l ower real sales.D) a ll of the above.Answer: ATopic: P rivatizing Public FirmsSkill: C onceptual37) E mpirical evidence has found that on average public firms that have been privatized byissuing public equity haveA) l owered capital investment levels.B) d ecreased efficiency.C) e xpanded their employment.D) a ll of the above.Answer: CTopic: P rivatizing Public FirmsSkill: C onceptual38) S EC rule 144A permits institutional buyers to trade privately placed securities without theprevious holding periods restrictions and without requiring SEC registration.Answer: TRUETopic: S EC Rule 144ASkill: R ecognition39) P rivate equity funds (PEF) differ from traditional venture capital (VC) funds in thatA) V C operate mainly in lesser-developed countries while PEF do not.B) V C typically invest in family business whereas PEF do not.C) V C is almost unavailable to emerging markets while PEF capital is available.D) a ll of the above are true.Answer: CTopic: P rivate Equity FundsSkill: C onceptual40) S trategic alliances are normally formed by firms that expect to gain synergies from which ofthe following?A) e conomies of scaleB) e conomies of scopeC) c omplementary marketingD) a ll of the aboveAnswer: DTopic: S trategic AlliancesSkill: C onceptual41) T he largest equity market in the world as measured by market value or annual stockturnover is in ________.A) G ermanyB) t he United StatesC) J apanD) B ritainAnswer: BTopic: L argest Equity MarketSkill: R ecognition42) T he reason more foreign firms do not sell equity securities in the U.S. and list on the NYSE isbecause ofA) t he threat of confiscation.B) d etailed U.S. disclosure rules.C) t he relative inefficiency of U.S. equity markets.D) t he foreign exchange risk of listing in U.S. dollars.Answer: BTopic: D isclosure RequirementsSkill: C onceptual43) A n MNE may cross list its shares on a foreign stock exchange so that it canA) c reate a secondary market so that shares may be used to compensate top localmanagers.B) c reate a secondary market so that shares can be used to acquire local firms.C) i ncrease the firmʹs visibility to its customers and employees.D) a ccomplish all of the above.Answer: DTopic: C ross Listed SharesSkill: C onceptual44) T he expected return on equities is greater than the expected return on debt in part becauseA) d ebt securities are serviced prior to equity securities.B) i nterest payments to bondholders are generally made only if the firm makes a profit.C) o nly a small portion of return to equity comes from increased capital appreciation.D) n one of the above.Answer: ATopic: E quity ReturnsSkill: C onceptual45) W hich of the following is NOT a motivation for the use of ADRs?A) t o reduce liquidity and increase the profitability of the firmB) t o reduce a firmʹs visibility and avoid political scrutinyC) t o increase share price by overcoming mis-pricing in a segmented and illiquid homemarketD) A ll of the above are motivations to use ADRs.Answer: CTopic: A DRsSkill: R ecognition46) W hich of the following is NOT a barrier to cross listing shares?A) F ixed income securities such as bonds are not traded in the subject market.B) i nvestor relationsC) d isclosure requirementsD) A ll are barriers to cross listing shares.Answer: ATopic: C ross Listing SharesSkill: R ecognition47) T he sale of a security to a small set of qualified institutional buyers is called aA) d epositary receipt.B) p rivate placement.C) f ixed income security.D) n one of the above.Answer: BTopic: P rivate PlacementSkill: R ecognition48) N egotiable certificates issued by a U.S. bank in the United States to represent the underlyingshares of stock, which are held in a trust at a custodian bank in a foreign country, are called ________.A) S DRsB) F DRsC) A DRsD) I OUsAnswer: CTopic: A DRsSkill: R ecognition49) W hich of the following is not a contributing factor to an individual equityʹs liquidity?A) d epth of capital availabilityB) c risis management capabilities of the market itselfC) t he degree to which the company is actually known and followed in the marketD) a ll of the aboveAnswer: DTopic: E quity LiquiditySkill: R ecognition50) A n advantage to American Depositary Receipts (ADRs) over Global Registered Shares(GRSs) isA) A DRs are able to be traded on equity exchanges around the world in a variety ofcurrencies.B) A DRs can theoretically be ʺtraded with the sunʺ following markets as they open andclose around the world.C) A DRs can be traded electronically and lack any type of specialized forms like thoseused with GRSs.D) N one of the above, these are all advantages to trading GRSs.Answer: DTopic: A merican Depositary ReceiptsSkill: R ecognition51) C ross border trading of some Canadian company securities in the U.S. preceded thedevelopment of Global Registered Shares (GRSs) by several decades.Answer: FALSETopic: G lobal Registered SharesSkill: R ecognition52) E conomic studies have found that international cross-listing of securities across financialmarkets resulted in ________ abnormal returns that were ________ for firms resident in emerging markets with a low level of legal barriers to capital flows than for firms resident in developed countries.A) p ositive; greaterB) p ositive; smallerC) n egative; greaterD) n egative; smallerAnswer: ATopic: S ecurity Cross-listingSkill: C onceptual53) G iven the following information, what is the cost of equity for the Teevox Corporation?Expected return in the domestic market is 12%, the risk-free rate of return is 4%, the firmʹs beta is 1.1, and the required return on debt for the firm is 7%.A) 12.00%B) 10.00%C) 8.80%D) 7.70%Answer: CTopic: C ost of EquitySkill: A nalytical54) W allet Drug Company has just recently raised money abroad for the first time in the historyof the firm. Prior to the recent equity issue abroad, the firm had a D/V ratio of 40%, aneffective tax rate of 30%, a before-tax cost of debt of 9%, and a domestic beta of 1.3. The expected return on the market portfolio was 13% and the risk-free rate was 5%. After the equity issue, Wallet Drug has a D/V ratio of 50%, their after-tax cost of debt has notchanged, nor has the effective tax rate, the firmʹs international beta is 1.0, the expected return on the market portfolio is only 12%, and the risk-free rate is still 5%. What was the firmʹs WACC prior to the issue of new common stock abroad?A) 9.15%B) 11.76%C) 13%D) 15.4%Answer: BTopic: W ACCSkill: A nalytical55) W allet Drug Company has just recently raised money abroad for the first time in the historyof the firm. Prior to the recent equity issue abroad, the firm had a D/V ratio of 40%, aneffective tax rate of 30%, a before-tax cost of debt of 9%, and a domestic beta of 1.3. The expected return on the market portfolio was 13% and the risk-free rate was 5%. After the equity issue, Wallet Drug has a D/V ratio of 50%, their after-tax cost of debt has notchanged, nor has the effective tax rate, the firmʹs international beta is 1.0, the expected return on the market portfolio is only 12%, and the risk-free rate is still 5%. What is the firmʹs new cost of equity after the international issue?A) 9.15%B) 11.76%C) 12.00 %D) 15.40%Answer: CTopic: C ost of EquitySkill: A nalytical56) W allet Drug Company has just recently raised money abroad for the first time in the historyof the firm. Prior to the recent equity issue abroad, the firm had a D/V ratio of 40%, aneffective tax rate of 30%, a before-tax cost of debt of 9%, and a domestic beta of 1.3. The expected return on the market portfolio was 13% and the risk-free rate was 5%. After the equity issue, Wallet Drug has a D/V ratio of 50%, their after-tax cost of debt has notchanged, nor has the effective tax rate, the firmʹs international beta is 1.0, the expected return on the market portfolio is only 12%, and the risk-free rate is still 5%. What is the change in the firmʹs WACC after the international equity issue?A) 2.61%B) 1.74%C) 0.63%D) T here is no change in the firmʹs WACC.Answer: ATopic: S tock pricesSkill: A nalytical57) J apan has low median stock prices but more than 50% of the worldʹs highest priced sharesof stock.Answer: TRUETopic: S tock pricesSkill: R ecognition58) W hich of the following are not contributing factors to the dominance of the London andNew York Stock exchanges?A) r eady access to capitalB) m any highly qualified workersC) g ood infrastructureD) a ll are contributing factorsAnswer: DTopic: S tock ExchangesSkill: R ecognition59) W hich of the following are not contributing factors to the dominance of the London andNew York Stock exchanges?A) a ttractive tax environmentsB) l ow levels of corruptionC) a ttractive regulatory environmentsD) a ll are contributing factorsAnswer: DTopic: S tock ExchangesSkill: R ecognition60) W hich of the following are not contributing factors to the dominance of the London andNew York Stock exchanges?A) l ocationB) E nglish as the primary languageC) l ow levels of corruptionD) a ll are contributing factorsAnswer: DTopic: S tock ExchangesSkill: R ecognition61) A s measured by valued traded, the largest equity market is still located in the United States,but the largest derivatives markets are now located in Europe.Answer: FALSETopic: M arket ValuationSkill: R ecognition62) O n the global financial scene, the term ________ is used to signify the end of of marketownership by a small, privileged group of ʺseat owners.ʺA) g lobalizationB) d emutualizationC) i nstitutionalizationD) d iversificationAnswer: BTopic: D emutualizationSkill: R ecognition63) T he Sarbanes-Oxley Act in the U.S. has encouraged more and more international firms to listtheir securities in the US and pulled firms away from London.Answer: FALSETopic: S arbanes-OxleySkill: R ecognition64) C ontrary to many of the firms that trade financial securities and derivatives in their markets,the worldʹs financial exchanges are splitting into smaller more specialized units rather thanmerging into larger exchanges.Answer: FALSETopic: S tock ExchangesSkill: R ecognition13.2 Essay Questions1) A DRs are a popular investment tool for many U.S. investors. In recent years severalalternatives for investing in foreign equity securities have become available for U.S.investors, yet ADRs remain popular. Define what an ADR is and provide at least threeexamples of the advantages they may hold over alternative foreign investment vehicles forU.S. investors.Answer: Depositary receipts are negotiable certificates issued by a bank to represent theunderlying shares of stock held in trust at a foreign custodian bank. Those receiptstraded in the U.S. and denominated in dollars are called American depositary receipts(ADR). Because ADRs can be exchanged for the underlying foreign security, arbitragekeeps the prices in line. Even though U.S. investors can invest directly into someforeign equity markets, ADRs do offer some technical advantages. Among thoseadvantages are that dividends are received in dollars rather than a foreign currency,ADRs are in registered form rather than bearer form, transfer of ownership is done inaccordance with U.S. laws, and in the event of death, probate is in the U.S. and notabroad. Taxes are easier, trading costs are typically lower, and settlement is also faster.2) W hat are the two schools of thought regarding the worldwide trend toward increased financial disclosure by publicly traded firms. Explain which school of thought you hold toand why.Answer: The student must give his/her own opinion and supporting background. In either case the following should be noted: Increased disclosure should decrease uncertainty thusincreasing stock price. However, increased disclosure requirements result in increasedcosts in the form of initial preparation of financial statements, on-going costsassociated with regular development of financial statements, and the costs ofgathering and distributing information about the form on an on-going basis. As theauthors state, disclosure is a two-edged sword.。

《国际金融教案》课件第一章：国际金融概述1.1 教学目标了解国际金融的定义和重要性掌握国际金融市场的构成和功能理解国际金融的主要参与者及其作用1.2 教学内容国际金融的定义和重要性国际金融市场的构成：货币市场、债券市场、外汇市场、衍生品市场等国际金融的主要参与者：各国央行、国际金融机构、商业银行、投资者等国际金融的作用：资本流动、风险管理、政策制定等1.3 教学方法讲授：讲解国际金融的基本概念和知识点案例分析：分析实际案例，加深对国际金融市场的理解互动讨论：引导学生讨论国际金融的作用和影响1.4 教学资源教材：国际金融相关教材课件：国际金融概述的PPT课件案例资料：国际金融市场案例分析1.5 教学评估课堂参与度：评估学生参与课堂讨论的积极程度课后作业：布置相关课后作业，巩固学习内容期中期末考试：评估学生对国际金融概述的掌握程度第二章：外汇市场2.1 教学目标了解外汇市场的定义和功能掌握外汇市场的交易机制和参与者理解外汇汇率的决定因素和影响因素2.2 教学内容外汇市场的定义和功能：外汇市场的概念、交易品种、交易场所等外汇市场的交易机制：即期交易、远期交易、掉期交易等外汇市场的参与者：商业银行、国际贸易商、投资者等外汇汇率的决定因素：供求关系、经济指标、政策因素等外汇汇率的影响因素：利率差异、通货膨胀率、政治风险等2.3 教学方法讲授：讲解外汇市场的基本概念和知识点案例分析：分析外汇市场的实际案例，加深对外汇市场的理解互动讨论：引导学生讨论外汇汇率的决定和影响因素2.4 教学资源教材：外汇市场相关教材课件：外汇市场的PPT课件案例资料：外汇市场案例分析模拟交易软件：用于学生进行外汇交易模拟操作2.5 教学评估课堂参与度：评估学生参与课堂讨论的积极程度课后作业：布置相关课后作业，巩固学习内容模拟交易操作：评估学生在模拟交易中的表现期中期末考试：评估学生对外汇市场的掌握程度第三章：国际债券市场3.1 教学目标了解国际债券市场的定义和功能掌握国际债券市场的类型和发行机制理解国际债券市场的风险和收益特点3.2 教学内容国际债券市场的定义和功能：国际债券市场的概念、债券品种、交易场所等国际债券市场的类型：政府债券、企业债券、金融机构债券等国际债券市场的发行机制：发行流程、发行条件、发行市场选择等国际债券市场的风险和收益特点：利率风险、信用风险、汇率风险等3.3 教学方法讲授：讲解国际债券市场的基本概念和知识点案例分析：分析国际债券市场的实际案例，加深对债券市场的理解互动讨论：引导学生讨论债券市场的风险和收益特点3.4 教学资源教材：国际债券市场相关教材课件：国际债券市场的PPT课件案例资料：国际债券市场案例分析债券市场数据：提供最新的债券市场数据和信息3.5 教学评估课堂参与度：评估学生参与课堂讨论的积极程度课后作业：布置相关课后作业，巩固学习内容模拟投资分析：评估学生在模拟投资中的表现期中期末考试：评估学生对国际债券市场的掌握程度第四章：国际资本市场4.1 教学目标了解国际资本市场的定义和功能掌握国际资本市场的类型和运作机制理解国际资本市场的主要参与者及其作用4.2 教学内容国际资本市场的定义和功能：国际资本市场的概念、资本品种、交易场所等国际资本市场的类型：股票市场、债券市场、私募市场等国际资本市场的运作机制：融资方式、投资渠道、风险管理等国际资本市场的主要参与者：企业、投资者、中介机构等4.3 教学方法讲授：讲解国际资本市场的基本概念和知识点案例分析：分析国际资本市场的实际案例，第四章：国际资本市场（续）4.4 教学资源教材：国际资本市场相关教材课件：国际资本市场的PPT课件案例资料：国际资本市场案例分析资本市场数据：提供最新的资本市场数据和信息4.5 教学评估课堂参与度：评估学生参与课堂讨论的积极程度课后作业：布置相关课后作业，巩固学习内容模拟投资分析：评估学生在模拟投资中的表现期中期末考试：评估学生对国际资本市场的掌握程度第五章：国际金融市场的基本理论5.1 教学目标理解国际金融市场的基本理论框架掌握国际资本流动、汇率决定理论和国际金融市场效率的理论5.2 教学内容国际金融市场的基本理论框架：国际金融市场的基本假设和理论模型国际资本流动理论：资本流动的动机、资本流动的影响因素等汇率决定理论：购买力平价理论、利率平价理论、资产市场理论等国际金融市场效率的理论：效率的衡量、市场效率的影响因素等5.3 教学方法讲授：讲解国际金融市场的基本理论概念和模型案例分析：分析与国际金融市场基本理论相关的实际案例互动讨论：引导学生讨论理论在实际中的应用和局限性5.4 教学资源教材：国际金融市场理论相关教材课件：国际金融市场理论的PPT课件案例资料：与国际金融市场理论相关的案例分析学术文章：提供最新的学术研究，以拓宽学生的视野5.5 教学评估课堂参与度：评估学生参与课堂讨论的积极程度课后作业：布置相关课后作业，巩固学习内容学术报告：评估学生对学术文章的理解和分析能力期中期末考试：评估学生对国际金融市场基本理论的掌握程度第六章：国际金融市场政策6.1 教学目标理解国家政策对国际金融市场的影响掌握国际金融政策的工具和目标了解国际金融政策协调的重要性和挑战6.2 教学内容国家政策对国际金融市场的影响：货币政策、财政政策、监管政策等国际金融政策的工具：利率政策、汇率政策、资本controls等国际金融政策的目标：稳定汇率、控制通货膨胀、促进经济增长等国际金融政策协调：巴塞尔协议、国际货币基金组织、世界银行等6.3 教学方法讲授：讲解国家政策对国际金融市场的影响和金融政策的工具与目标案例分析：分析国际金融政策实际案例，探讨政策的制定与效果互动讨论：引导学生讨论国际金融政策协调的必要性和实际操作6.4 教学资源教材：国际金融政策相关教材课件：国际金融政策的PPT课件案例资料：国际金融政策案例分析政策文件：提供相关政策文件和报告，以加深学生对政策理解6.5 教学评估课堂参与度：评估学生参与课堂讨论的积极程度课后作业：布置相关课后作业，巩固学习内容政策分析报告：评估学生对政策文件的理解和分析能力期中期末考试：评估学生对国际金融市场政策的掌握程度第七章：国际金融风险管理7.1 教学目标理解国际金融风险的概念和类型掌握国际金融风险的管理工具和技术了解国际金融风险管理的重要性和实践7.2 教学内容国际金融风险的概念和类型：市场风险、信用风险、流动性风险等国际金融风险的管理工具：期货、期权、掉期、信用衍生品等国际金融风险的管理技术：风险评估、风险分散、风险对冲等国际金融风险管理的实践：案例分析、最佳实践、法规要求等7.3 教学方法讲授：讲解国际金融风险的概念、类型和管理工具案例分析：分析国际金融风险管理的实际案例，探讨风险管理的有效性互动讨论：引导学生讨论风险管理的技术和实践7.4 教学资源教材：国际金融风险管理相关教材课件：国际金融风险管理的PPT课件案例资料：国际金融风险管理案例分析风险管理工具软件：提供风险管理工具软件，供学生模拟操作重点和难点解析：1. 第五章：国际金融市场的基本理论难点解析：理解不同理论模型的假设条件、逻辑框架以及实际应用中的局限性。

《国际金融电子教案》PPT课件第一章：国际金融概述1.1 教学目标了解国际金融的定义、功能和基本概念掌握国际金融市场的分类和主要参与者理解国际金融体系的基本框架1.2 教学内容国际金融的定义和功能国际金融市场的分类（如外汇市场、货币市场、资本市场等）国际金融体系的基本框架（如国际货币基金组织、世界银行等）1.3 教学方法采用PPT课件展示国际金融的基本概念和知识点通过案例分析和实例讲解，帮助学生理解国际金融市场的运作和参与者开展小组讨论，让学生分享对国际金融体系的理解和看法1.4 教学评估进行课堂提问，检查学生对国际金融基本概念的理解组织小组讨论，评估学生的参与和表达能力第二章：外汇市场2.1 教学目标理解外汇市场的定义、功能和主要参与者掌握外汇市场的交易工具和交易方式了解外汇市场的供求关系和汇率决定机制2.2 教学内容外汇市场的定义和功能外汇市场的交易工具（如外汇期货、外汇期权等）外汇市场的供求关系和汇率决定机制2.3 教学方法采用PPT课件展示外汇市场的基本概念和知识点通过案例分析和实例讲解，帮助学生理解外汇市场的交易工具和交易方式开展小组讨论，让学生分享对外汇市场的理解和看法2.4 教学评估进行课堂提问，检查学生对外汇市场的基本概念的理解布置课后作业，要求学生分析外汇市场的供求关系和汇率决定机制组织小组讨论，评估学生的参与和表达能力第三章：国际结算3.1 教学目标理解国际结算的定义、功能和基本流程掌握国际结算工具（如汇票、信用证等）的使用和操作了解国际结算的风险和管理方法3.2 教学内容国际结算的定义和功能国际结算工具的使用和操作（如汇票、信用证等）国际结算的风险和管理方法3.3 教学方法采用PPT课件展示国际结算的基本概念和知识点通过案例分析和实例讲解，帮助学生理解国际结算的工具和使用方法开展小组讨论，让学生分享对国际结算风险和管理方法的理解和看法3.4 教学评估进行课堂提问，检查学生对国际结算的基本概念的理解布置课后作业，要求学生分析国际结算的风险和管理方法组织小组讨论，评估学生的参与和表达能力第四章：国际金融市场4.1 教学目标理解国际金融市场的定义、功能和主要类型掌握国际金融市场的运作机制和参与者了解国际金融市场的发展趋势和挑战4.2 教学内容国际金融市场的定义和功能国际金融市场的运作机制和参与者国际金融市场的发展趋势和挑战4.3 教学方法采用PPT课件展示国际金融市场的基本概念和知识点通过案例分析和实例讲解，帮助学生理解国际金融市场的运作机制和参与者开展小组讨论，让学生分享对国际金融市场发展趋势和挑战的理解和看法4.4 教学评估进行课堂提问，检查学生对国际金融市场的基本概念的理解布置课后作业，要求学生分析国际金融市场的发展趋势和挑战组织小组讨论，评估学生的参与和表达能力第五章：国际金融衍生品市场5.1 教学目标理解国际金融衍生品市场的定义、功能和主要产品掌握国际金融衍生品市场的交易机制和风险管理了解国际金融衍生品市场的发展趋势和挑战5.2 教学内容国际金融衍生品市场的定义和功能国际金融衍生品市场的交易机制和风险管理国际金融衍生品市场的发展趋势和挑战5.3 教学方法采用PPT课件展示国际金融衍生品市场的基本概念和知识点通过案例分析和实例讲解，帮助学生理解国际金融衍生品市场的交易机制和风险管理开展小组讨论，让学生分享对国际金融衍生品市场发展趋势和挑战的理解和看法5.4 教学评估进行课堂提问，检查学生对国际金融衍生品市场的基本概念的理解布置课后作业，要求学生分析国际金融衍生品市场的发展趋势和挑战组织第六章：国际货币基金组织（IMF）6.1 教学目标了解国际货币基金组织的成立背景、宗旨和主要职责掌握国际货币基金组织的组织结构和工作机制理解国际货币基金组织在全球金融体系中的作用和影响6.2 教学内容国际货币基金组织的成立背景和历史发展国际货币基金组织的宗旨和主要职责国际货币基金组织的组织结构和工作机制国际货币基金组织在全球金融体系中的作用和影响6.3 教学方法采用PPT课件展示国际货币基金组织的基本概念和知识点通过案例分析和实例讲解，帮助学生理解国际货币基金组织的工作机制和作用开展小组讨论，让学生分享对国际货币基金组织的理解和看法6.4 教学评估进行课堂提问，检查学生对国际货币基金组织的基本概念的理解布置课后作业，要求学生分析国际货币基金组织在全球金融体系中的作用和影响组织小组讨论，评估学生的参与和表达能力第七章：世界银行集团7.1 教学目标了解世界银行集团的成立背景、宗旨和主要业务掌握世界银行集团的组织结构和运作机制理解世界银行集团在全球发展援助中的角色和贡献7.2 教学内容世界银行集团的成立背景和历史发展世界银行集团的宗旨和主要业务世界银行集团的组织结构和运作机制世界银行集团在全球发展援助中的角色和贡献7.3 教学方法采用PPT课件展示世界银行集团的基本概念和知识点通过案例分析和实例讲解，帮助学生理解世界银行集团的业务和运作开展小组讨论，让学生分享对世界银行集团的理解和看法7.4 教学评估进行课堂提问，检查学生对世界银行集团的基本概念的理解布置课后作业，要求学生分析世界银行集团在全球发展援助中的角色和贡献组织小组讨论，评估学生的参与和表达能力第八章：国际支付系统8.1 教学目标理解国际支付系统的定义、功能和重要性掌握国际支付系统的主要类型和运作机制了解国际支付系统的参与者及其角色和责任8.2 教学内容国际支付系统的定义和功能国际支付系统的主要类型（如电汇、信用证等）国际支付系统的运作机制和参与者国际支付系统的重要性和发展趋势8.3 教学方法采用PPT课件展示国际支付系统的基本概念和知识点通过案例分析和实例讲解，帮助学生理解国际支付系统的运作和参与者开展小组讨论，让学生分享对国际支付系统的理解和看法8.4 教学评估进行课堂提问，检查学生对国际支付系统的基本概念的理解布置课后作业，要求学生分析国际支付系统的重要性和发展趋势组织小组讨论，评估学生的参与和表达能力第九章：国际金融风险管理9.1 教学目标理解国际金融风险的概念、类型和影响掌握国际金融风险管理的基本原则和方法了解国际金融风险管理工具和市场的发展趋势9.2 教学内容国际金融风险的概念和类型（如市场风险、信用风险等）国际金融风险管理的基本原则和方法国际金融风险管理工具（如衍生品、保险等）国际金融风险管理市场的发展趋势9.3 教学方法采用PPT课件展示国际金融风险管理的基本概念和知识点通过案例分析和实例讲解，帮助学生理解国际金融风险的类型和管理方法开展小组讨论，让学生分享对国际金融风险管理工具和市场发展趋势的理解和看法9.4 教学评估进行课堂提问，检查学生对国际金融风险管理的基本概念的理解布置课后作业，要求学生分析国际金融风险管理工具的应用和市场发展趋势组织小组讨论，评估学生的参与和表达能力第十章：国际金融监管与合作10.1 教学目标理解国际金融监管的定义、功能和重要性掌握国际金融监管的主要机构和合作机制了解国际金融监管面临的主要挑战和应对策略10.2 教学内容国际金融监管的定义和功能国际金融监管的主要机构（如巴塞尔委员会、金融稳定论坛等）国际金融监管的合作机制和协调机制国际金融监管面临的主要挑战和应对策略10.3 教学方法采用PPT课件展示国际金融监管的基本概念和知识点通过案例分析和实例讲解，帮助学生理解国际金融监管第十一章：外汇交易市场11.1 教学目标理解外汇市场的定义、功能和类型掌握外汇市场的交易机制和交易工具了解外汇市场的参与者及其角色和职责11.2 教学内容外汇市场的定义和功能外汇市场的交易机制（如现汇交易、现钞交易等）外汇市场的交易工具（如外汇期货、外汇期权等）外汇市场的参与者（如商业银行、投资者等）11.3 教学方法采用PPT课件展示外汇市场的基本概念和知识点通过案例分析和实例讲解，帮助学生理解外汇市场的交易机制和交易工具开展小组讨论，让学生分享对外汇市场参与者的理解和看法11.4 教学评估进行课堂提问，检查学生对外汇市场的基本概念的理解布置课后作业，要求学生分析外汇市场的交易工具和参与者组织小组讨论，评估学生的参与和表达能力第十二章：国际债券市场12.1 教学目标理解国际债券市场的定义、功能和类型掌握国际债券市场的交易机制和发行流程了解国际债券市场的参与者及其角色和职责12.2 教学内容国际债券市场的定义和功能国际债券市场的交易机制（如证券交易所交易、场外交易等）国际债券市场的发行流程（如筹备、发行、交易等）国际债券市场的参与者（如发行人、投资者等）12.3 教学方法采用PPT课件展示国际债券市场的基本概念和知识点通过案例分析和实例讲解，帮助学生理解国际债券市场的交易机制和发行流程开展小组讨论，让学生分享对国际债券市场参与者的理解和看法12.4 教学评估进行课堂提问，检查学生对国际债券市场的基本概念的理解布置课后作业，要求学生分析国际债券市场的交易机制和参与者组织小组讨论，评估学生的参与和表达能力第十三章：国际股票市场13.1 教学目标理解国际股票市场的定义、功能和类型掌握国际股票市场的交易机制和交易工具了解国际股票市场的参与者及其角色和职责13.2 教学内容国际股票市场的定义和功能国际股票市场的交易机制（如证券交易所交易、场外交易等）国际股票市场的交易工具（如股票、股票期权等）国际股票市场的参与者（如上市公司、投资者等）13.3 教学方法采用PPT课件展示国际股票市场的基本概念和知识点通过案例分析和实例讲解，帮助学生理解国际股票市场的交易机制和交易工具开展小组讨论，让学生分享对国际股票市场参与者的理解和看法13.4 教学评估进行课堂提问，检查学生对国际股票市场的基本概念的理解布置课后作业，要求学生分析国际股票市场的交易机制和参与者组织小组讨论，评估学生的参与和表达能力第十四章：国际金融衍生品市场14.1 教学目标理解国际金融衍生品市场的定义、功能和类型掌握国际金融衍生品市场的交易机制和风险管理了解国际金融衍生品市场的发展趋势和挑战14.2 教学内容国际金融衍生品市场的定义和功能国际金融衍生品市场的交易机制（如期货交易、期权交易等）国际金融衍生品市场的风险管理国际金融衍生品市场的发展趋势和挑战14.3 教学方法采用PPT课件展示国际金融衍生品市场的基本概念和知识点通过案例分析和实例讲解，帮助学生理解国际金融衍生品市场的交易机制和风险管理开展小组讨论，让学生分享对国际金融衍生品市场发展趋势和挑战的理解和看法14.4 教学评估进行课堂提问，检查学生对国际金融衍生品市场的基本概念的理解布置课后作业，要求学生分析国际金融衍生品市场的发展趋势和挑战组织小组讨论，评估学生的参与和表达能力第十五章：国际金融创新与发展15.1 教学目标理解国际金融创新的概念、动力和影响掌握国际金融创新的主要领域和产品了解国际金融创新与发展面临的挑战和机遇15.2 教学内容国际金融创新的概念和动力国际金融创新的主要领域（如金融科技、绿色金融等）国际金融创新的产品（如加密货币、绿色债券等）国际金融创新与发展面临的挑战和重点和难点解析本文主要介绍了《国际金融电子教案》PPT课件的十五个章节，涵盖了国际金融概述、外汇市场、国际结算、国际货币基金组织（IMF）、世界银行集团、国际支付系统、国际金融市场、国际金融衍生品市场、外汇交易市场、国际债券市场、国际股票市场、国际金融衍生品市场以及国际金融创新与发展等多个方面。