ch国际金融学.ppt

Chapter 1Open Economy the Balance of Payments and Foreign Exchange Rate Fundamental Issues 1. How important is the global market for goods and services? 2. How important are the international monetary and financial markets? 3. What is a countrys balance of payments, and what does this measure? 4. What is the relationship between a nations current account balance and its capital flows? 5. What are foreign exchange and exchange rate? 6. How many main kinds are there in exchange rates? 1.1 The Importance of the Global Trade and Financial Markets International economic integration refers