One of the most authoritative and classic treatments available in the field of international investments leads the way again with its excellent coverage of institutions, clear exposition of theory and recent empirical research, detailed presentation of practical applications, and thought-provoking problems for students. The International Monetary Environment, Foreign Exchange, Foreign Exchange Parity Relations, Foreign Exchange Determination and Forecasting, International Investing and Market Equilibrium, The Case for International Diversification, International Asset Pricing: Theory and Tests, Stock Market Investment, Equity: Markets and Instruments, Equity: Concepts and Techniques, Emerging Stock Markets, Fixed-Income Investment, Bonds: Markets and Instruments, Bonds: Concepts and Techniques, Swaps, Futures and Options and Other Things, Futures, Options, Currency Risk Management, Commodities and Real Estate and Alternative Investments, Strategy and Organization and Control, International Performance Analysis, Structuring the International Investment Process, Glossary, Index.