• Tài chính doanh nghiệp - Finance 407: Multinational financial management - Topic 5: Exchange rate systems and the effects of revaluationTài chính doanh nghiệp - Finance 407: Multinational financial management - Topic 5: Exchange rate systems and the effects of revaluation

    Fiscal Policy: Spending, taxes, and deficits Deficit Spending In the short run it increases interest rates as more debt is issued (leading to a currency appreciation) In the long run it may increase risk and uncertainty in the currency as inflation and/or default becomes more probable Monetary Policy: Money Supply and Interest Rates The increa...

    pptx29 trang | Chia sẻ: huyhoang44 | Ngày: 27/03/2020 | Lượt xem: 673 | Lượt tải: 0

  • Tài chính doanh nghiệp - Finance 407: Multinational financial management - Topic 4: Institutional foreign exchange spot and forward marketsTài chính doanh nghiệp - Finance 407: Multinational financial management - Topic 4: Institutional foreign exchange spot and forward markets

    A spot (a.k.a., “cash”) transaction requires almost immediate delivery (usually 1-2 days) of a foreign currency. A “forward” transaction requires delayed delivery of foreign exchange. Bank quotes for deliveries of 1, 3, 6, 9 and 12 months are readily available. No cash is exchanged until delivery

    pptx30 trang | Chia sẻ: huyhoang44 | Ngày: 27/03/2020 | Lượt xem: 597 | Lượt tải: 0

  • Tài chính doanh nghiệp - Finance 407: Multinational financial management - Topic 3: Retail foreign exchange transactions: bid - Ask, cross rates, credit and debit transactionsTài chính doanh nghiệp - Finance 407: Multinational financial management - Topic 3: Retail foreign exchange transactions: bid - Ask, cross rates, credit and debit transactions

    Use your debit card (or credit card) at a foreign ATM to withdrawal foreign currencies (cards must have the Visa or MasterCard logo) Rates are close to interbank market rates (plus 1-5% markup) Typically 1% Visa fee and 0%-3% issuing bank fee These “fees” do not show up on your statement – “built into” exchange rate Your issuing bank may charge...

    pptx23 trang | Chia sẻ: huyhoang44 | Ngày: 27/03/2020 | Lượt xem: 556 | Lượt tải: 0

  • Tài chính doanh nghiệp - Finance 407: Multinational financial management - Topic 2: Exchange rates, quotes, transactions, and appreciationsTài chính doanh nghiệp - Finance 407: Multinational financial management - Topic 2: Exchange rates, quotes, transactions, and appreciations

    Currency Appreciation = (s1 - s0)/ s0 where s0 = old currency value s1 = new currency value When using this equation you are describing the appreciation or depreciation of the “denominator currency” (If you want to talk about the numerator currency use this equation to calculate appreciation = (s0 - s1)/ s1) or invert exchange rates and use t...

    pptx22 trang | Chia sẻ: huyhoang44 | Ngày: 27/03/2020 | Lượt xem: 525 | Lượt tải: 0

  • Tài chính doanh nghiệp - Finance 407: Multinational financial managementTài chính doanh nghiệp - Finance 407: Multinational financial management

    - Turn on iclicker, hold power until blinking, press DD to set classroom frequency I. I have used clickers in the classroom True: I have used iclickers False: I have NOT used iclickers II. Previous iclicker experience Favorable view of iclickers in the classroom Negative view of iclickers in the classroom

    pptx18 trang | Chia sẻ: huyhoang44 | Ngày: 27/03/2020 | Lượt xem: 623 | Lượt tải: 0

  • Tài chính doanh nghiệp - Global financeTài chính doanh nghiệp - Global finance

    Use your credit card to make purchases Many foreign businesses require a 4-6 digit PIN to use a credit card. Be sure to call you bank 2 weeks before you leave to get the PIN (mailed) and tell them you are leaving the country Like debit cards, rates are better (market rate plus 0-5% fee) Some foreign businesses charge a fee of credit card fee o...

    pptx17 trang | Chia sẻ: huyhoang44 | Ngày: 27/03/2020 | Lượt xem: 588 | Lượt tải: 0

  • Tài chính doanh nghiệp - Global financial managementTài chính doanh nghiệp - Global financial management

    Power Distance: the extent to which the less powerful members of institutions and organizations within a country expect and accept that power is distributed unequally Individualism: the degree of interdependence a society maintains among its members Masculinity:  indicates that the society will be driven by competition, achievement and success, w...

    pptx34 trang | Chia sẻ: huyhoang44 | Ngày: 27/03/2020 | Lượt xem: 455 | Lượt tải: 0

  • Đề cương môn LogisticsĐề cương môn Logistics

    Câu 4 ; Vận đơn là gì ? phân biệt vận đơn hoàn hảo và vận đơn không hoàn hảo ? A.Vân đơn là chứng từ do người chuyên chở cung cấp cho người gửi hàng nhằm xác nhận việc hàng hóa đã được tiếp nhận để vận chuyển. B.Phân biệt :  Vận đơn hoàn hảo : (clean B/L) là vận đơn không có thêm diều khoản hay ghi c...

    docx8 trang | Chia sẻ: huyhoang44 | Ngày: 27/03/2020 | Lượt xem: 615 | Lượt tải: 0

  • Tài chính doanh nghiệp - International bankingTài chính doanh nghiệp - International banking

    Regulation of the International Banking Activities of U.S. Banks The Future of International Banking The Risks of International Banking Public Confidence and Bank Failures The Spread of Deregulation: How Fast Should We Go? Prospects and Issues for the 21st Century

    ppt16 trang | Chia sẻ: huyhoang44 | Ngày: 27/03/2020 | Lượt xem: 541 | Lượt tải: 0

  • Tài chính doanh nghiệp - International transactions and currency valuesTài chính doanh nghiệp - International transactions and currency values

    A strong and stable currency encourages investment in the home country, stimulating its economic development. The US$ is also a vehicle currency that facilitates trade and investment between many nations. Hence, the United States, as well as foreign governments, have intervened in the foreign exchange market to stabilize currency values and insula...

    ppt24 trang | Chia sẻ: huyhoang44 | Ngày: 27/03/2020 | Lượt xem: 661 | Lượt tải: 0