Part I: Global Environment Chapter 1: Globalization and the Multinational Enterprise Chapter 2: Financial Goals & Governance Chapter 3: The International Monetary System Chapter 4: The Balance of Payments Chapter 5: Current Multinational Financial Challenges: Crisis Part II: Foreign Exchange Theory and Markets Chapter 6: The Foreign Exchange Market Chapter 7: International Parity Conditions Appendix: Algebraic Primer to International Parity Conditions Chapter 8: Foreign Currency Derivatives Appendix: Currency Option Pricing Theory Chapter 9: Interest Rate and Cross Currency Swaps Chapter 10: Foreign Exchange Rate Determination & Forecasting Part III: Foreign Exchange Exposure Chapter 11: Transaction Exposure Appendix: Complex Options Chapter 12: Operating Exposure Chapter 13: Translation Exposure Part IV: Financing the Global Firm Chapter 14: The Global Cost and Availability of Capital Chapter 15: Sourcing Equity Globally Chapter 16: Sourcing Debt Globally Part V: Foreign Investment Decisions Chapter 17: International Portfolio Theory & Investment Chapter 18: Foreign Direct Investment Theory & Strategy Chapter 19: Multinational Capital Budgeting Part VI: Managing Multinational Operations Chapter 20: Multinational Tax Management Chapter 21: Working Capital Management Chapter 22: International Trade Finance