TAILIEUCHUNG - Bài giảng International financial management: Chapter five - Ngo Thi Ngoc Huyen

Bài giảng "International financial management - Chapter five: Balance of payments" has contents: Components of the Balance of Payments (BOP), composition of each component, how are the BOP components affected, policy implications for managing BOP. | CHAPTER FIVE OVERVIEW CHAPTER FIVE • Components of the Balance of Payments (BOP) BALANCE OF PAYMENTS • Composition of each component • How are the BOP components affected • Policy implications for managing BOP 1 2 BALANCE OF PAYMENTS ACCOUNTING PRINCIPLES DESCRIPTION OF BALANCE OF PAYMENT ACCOUNTING • • Economic transactions between domestic and foreign Summarizes economic transaction between residents of one country and the rest of the world. Transactions include – Import and Export of goods and services – Transfers – Capital Flows residents. • • Viewpoint of one country (. USA). • • Domestic assets and domestic liabilities are changed using BOP account as an itemization of the factors behind the demand and supply of a currency Rules of Debits and Credits – Credits (+): Transactions that represent demands for the local currency in the foreign exchange market. Result from purchases by foreigners of goods, services, financial and real assets, gold and foreign exchange • Export of goods and services (sale • Receipt of gifts • Borrowing (sale of stocks, bonds etc • Investment by foreign residents (real estate, expansion of plant and equipment etc • Decrease in Official Reserve of gold/foreign currency debits and credits. 3 4 1 BALANCE OF PAYMENTS ACCOUNTING PRINCIPLES DESCRIPTION OF BALANCE OF PAYMENT ACCOUNTING – Debits(-): Transactions that represent supplies of local currency in the foreign exchange market. Result from purchases by residents of goods, services, financial and real assets, gold, or foreign exchange from foreigners. • Import of goods and services • Gifts and Transfers • Lending (purchase of foreign stocks, bonds etc • Local investment in foreign countries • Increases in Official Reserve of gold/foreign currency • Double-entry accounting system. – If a transaction creates supply of the nation's currency in the foreign exchange market it is recorded as a Debits (eg Imports) • Debits are used to increase assets and decrease .

• Ngân hàng - Tín dụng
• International financial management
• Bài giảng International financial management
• Tài chính quốc tế
• Balance of payments
• Policy implications for managing BOP
• Composition of each component
• Quản lý tài chính quốc tế
• Lecture International financial management
• International financial markets
• Foreign exchange market
• International money market
• Financial statement
• International trade transactions
• Financial management
• Fundamentals of financial management
• Financial statement analysis
• International bond market
• International equity markets
• International trade finance
• Multinational cash management
• International equity financing
• International capital market equilibrium
• International capital budgeting
• The foreign currency hedging decision
• International banking
• Money market
• International portfolio investment
• Current account
• Financial accounts
• International flow of funds
• Exchange rate determination
• Government influence
• Currency derivatives
• International tax environment
• Financial environments
• Multinational financial management
• Tăng trưởng của MNCs
• Direct foreign investment
• Multinational capital budgeting
• Financing international trade
• International cash management
• Lesson International financial management
• Management of translation exposure
• Translation Exposures
• Alternative currency translation methods
• Translation exposure
• International business
• International marketing
• International operations management
• International strategic management
• International strategic alliances
• Exchange rates
• International Fisher Effect
• Purchasing power parity
• International diversification
• International project
• Initial investment
• Lecture International business
• International environmental forces
• Organizational environment
• Financial management decisions
• International flow
• International arbitrage
• Interest rate parity
• Relationships among inflation
• International monetary system
• International parity relationships
• Forecasting foreign exchange rates
• International financial
• Managing transaction exposure
• Country risk analysis
• Lecture Multinational financial management
• International banking and money market
• International banking services
• Capital adequacy standards