This book is ideal for advanced undergraduate, postgraduate and post-experience courses in international banking or finance. Foreword, Preface, The Economics of International Transactions, Balance of Payments, International Parity Relations, The Organization of the International Financial System, The International Monetary System, The Foreign Exchange Market, International Risk Assessment, The Benefits and Risks of International Portfolio Investment, International Risk Management, Managing Foreign Exchange Risk, Valuing Currency Options, Sophisticated Hedging Techniques, Managing Interest Rate Risk, Raising Funds and Investing Internationally, Syndicated Euro credits, The Major Domestic Bond Markets, The Swap Market, World Equity Markets, Capital Budgeting and Direct Foreign Investment, International Mergers and Acquisitions, Glossary, References, Author and Subject Index.