国际金融英文课件2摘要.pptVIP

International Finance ;Topics covered;Microeconomics and Macroeconomics;Microeconomics and Macroeconomics;why do we need to study “International finance”; A knowledge of international finance helps in two very important ways. First, it helps the financial manager decide how international events will affect a firm and which steps can be taken to exploit positive developments and insulate the firm from harmful ones. Second, it helps the manager to anticipate events and to make profitable decisions before the events occur. Among the events that affect the firm and that the manager must anticipate are changes in exchange rates, as well as in interest rates, inflation rates, and asset values.;Balance of payments;Balance of Payments Accounting国际收支平衡表;国际收支平衡表;Balance of payments; 一、经常项目（Current Account） 1．商品(Goods) 2．服务(Service) 3．收入和支付 (Income Receipts and Payments) 4．单方面转移(Unilateral Transfers) 二、资本和金融项目(Capital and Financial Account) 1. 资本项目(Capital Account) 2．金融项目(Financial Account) 直接投资（Direct Investment) 证券投资(Portfolio Investment) 其它投资(Other Investment) 储备资产(Reserve Assets) 三. 错误与遗漏(Errors and Omissions Account) ;正确理解BOP和BOPs;正确理解BOP和BOPs（续）;Balance of payments - current account;Services refer to receipts from tourism, transportation (like the levy that must be paid in Egypt when a ship passes through the Suez Canal), engineering, business service fees (from lawyers or management consulting, for example), and royalties from patents and copyrights. ;Income Receipts and Payments 收入和支付 （1）Income Receipts The income category tabulates interest and dividend payments to foreign residents and governments who hold domestic financial assets. It also includes payments received by domestic residents and governments who hold financial assets abroad.;职工报酬：包括个人在非居民经济体为该经济体居民工作而得到的现金或实物形式的工资、薪水和福利 。;Unilateral Transfers: measures international transfers, or gifts, among individuals or gov