1 International Finance 国际金融
Notes to the answers:
1、All the terms can be found in the text.
2、The discussions can be attained by reading the original text.
Chapter 1
Answers:
II. T T F F F T T
III. 1. reserve currency 2. appreciate 3. was pegged to 4. deficit 5. fixed exchange
rates 6. floating exchange rates 7. depreciate 8. market forces
IV. 1. Confidence in the ability of the U.S. to redeem dollars for gold began to fall as potential
claims against the dollar increased and U.S. gold reserves fell.
2. Under the fixed exchange rate system, the value of the dollar was tied to gold through its
convertibility in to gold at the U.S. Treasury, and other nations’ currencies were tied to the
dollar by the maintenance of a fixed rate of exchange.
3. IMF has adjusted its role in the exchange rate system in view of the development of the
前言
学弟学妹们,当你们看到这篇复习资料的时候, 学长已经在文档上传的当天上午参加了国际金融的考试, 本复习资料主要针对对象为成都信息工程学院(CUIT)英语系大三学生, 且立足教材也基于托马斯·A·普格尔(Thomas A. Pugel)先生所著国际金融英文版·第15版, 其他版本或者相似教材也可作为参考, 本资料的整理除了参考维基百科,百度百科以及MBA智库百科,当然最重要的是我们老师的课件. 为了帮助同学们顺利通过考试, 当然是拿到高分, 希望此资料能够帮助你们节省时间, 达到高效复习的效果.
外国语学院2011级,陈爵歌(Louis)
2014年1月6日晚于宿舍
Chapter 2
Transnationality Index(跨国化指数)(TNI) is a means of ranking multinational
corporations that is employed by economists and politicians. (反映跨国公司海外经营活动的经济强度，是衡量海外业务在公司整体业务中地位的重要指标)
Foreign assets to total assets(外国资产占总资产比)
Foreign sales to total sales(海外销售占总销售)
Foreign employees to total employees(外籍雇员占总雇员)
跨国化指数的构成
联合国跨国公司与投资司使用的跨国化指数由三个指标构成：
国外资产对公司总资产的百分比；
国外销售对公司总销售的百分比；
国外雇员人数对公司雇员总人数的百分比
关于TNI的计算公式:
International Economic Integration( 国际经济一体化)
国际金融复习资料
1.名词解释
（1）Balance of payments国际收支平衡表:是记录特定时期内一国居民与他国居民之间所有价值转移的一组账户
（2）Credit item贷方项目：指一国必须得到支付的项目
（3）Debit item借方项目：指一国必须支付的项目
（4）Goods and services balance货物及服务差额：将货物及服务的进出口的所有项目加总,衡量了一国的净出口也称为贸易差额
（5）Spot exchange rate 即期汇率：是指即进行交割的货币价格
（6）Forward exchange rate 远期汇率：是指交易双方在当前对于将来发生的外汇买卖,约定交割的货币价格
（7）Floating exchange—rate system浮动汇率制：外汇的即期价格由市场决定,由货币的私人需求曲线和供给曲线的交点决定，市场通过价格机制出清
（8）Fixed exchange—rate system固定汇率制：是另一种主要的汇率制度，这一汇率与当前的均衡汇率有所偏差，官方也会尽力保持汇率基本不变
（9）Arbitrage套汇：是一种通过买入和卖出，几乎没有任何风险的获得净利润的操作
（10）Hedging套期保值：是指减少或消除持有外币净资产或净负债头寸的行为
（11）Speculating投机:是指获取某种资产的净资产头寸或净负债头寸,并企图在价格波动中盈利的行为，这里的投机对象是外国货币
（12）Forward exchange contract远期外汇合约:是买卖双方即期签订的以现在商定的某种价格，在未来某一天用一种货币兑换另一种货币的协议
（13）Covered interest parity抵补利率平价:一国货币的远期升水（贴水）等于该国利率低于(或高于）另一国的利率的数额=投资于一种外币的总抵补收入等于投资于本币的总收入
（14）Uncovered interest parity无抵补利率平价：一种货币的预期升值（贬值）幅度和该国利率低于（高于)他国利率的差值相同=投资于一种外币的无抵补预期总收益等于投资于本币的总收益 （15）Eurocurrency deposit欧洲货币存款:不受存款计值货币发行国政府管制的银行存款
INTERNATIONAL FINANCE
Assignment Problems (7) Name: Student#:
I. Choose the correct answer for the following questions (only correct answer) (4
credits for each question, total credits 3 x 21 = 63)
1. __________ are domestic currencies of one country on deposit in other countries.
A. LIBORs
B. Eurobonds
C. Eurocurrencies
D. Euronotes
2. Eurocredits are __________.
A. bank loans to MNCs or others denominated in a currency other than that of a
country where the bank is located
B. typically variable rates which are tied to the LIBOR
C. usually for maturities of six months or less
D. all of the above are true
3. A Japanese firm had chosen to deposit money in a German bank and have it
denominated in Japanese yen, this is an example of a __________ deposit.
A. Eurobond
B. Euronote
C. Euroyen
D. foreign yen
