双语PPT.ppt

2)the content of international finance: 1)Measures of degree of globalization : the number of minutes of international phone calls, the number of international travelers, the volume of trade in goods, services, and capital, the number of Internet servers per person, the co movement of prices and interest rates. There appears to be a clear direct relationship among greater civil liberties, more political rights, lower levels of corruption, and the level of globalization, 2)measurement of integration: The broadest measures of economic integration focus on: the volume of trade in goods and services; The volume of financial assets transactions. Real Sector: The sector of the economy engaged in the production and sale of goods and services. Financial Sector: The sector of the economy where individuals trade in financial assets. Goods: Exports and imports of tangible items. (+,--) Services: Exports and imports of services, (+,--) : Typical business services such as banking and financial services, insurance, and consulting. Tourism Income Receipts: (+) Investment income on US-owned assets abroad. Receipts of income on US direct investment abroad. Government income receipts Income Payments: (--) Investment income on foreign-owned assets in the United States. Payments of income on foreign direct investment in the United States US Government income payments Unilateral Transfers: (+,--) Government grants abroad Private remittances Private grants abroad ? The Capital and Financial Account The Capital and Financial Account Records international transactions in the financial sector. The Capital Account tabulates the flows of financial assets between domestic residents and foreign residents and governments. The private capital account tabulates flows among private domestic residents and foreign private residents. Financial Account :depositinvestment (Includes portfolio and foreign direct investment. ) Portfolio Investment: Individual or business purchase of s