《国际金融学》作业习题（International finance homework exercises）.doc

《国际金融学》作业习题（International finance homework exercises） International finance homework exercises -------------------------------------------------------------------------------- Chapter 1 foreign exchange and exchange rates questions for review What is the international currency? Whats the difference between it and foreign exchange? What are the main stages of the development of the international currency? What is the foreign exchange rate? What pricing methods does it have? Under the gold standard, how is the exchange rate determined? Analysis of the advantages and disadvantages of floating exchange rate system. The evolution process of RMB exchange rate system is briefly described. The current RMB exchange rate system and its characteristics are evaluated. What are the main western exchange rate theories? How to evaluate it correctly? The second chapter is the relationship between exchange rate and economy Review questions: What are the main factors that affect the exchange rate changes? What are the necessary conditions for the central bank to intervene in the foreign exchange market? How effective is the intervention? What is the impact of exchange rate changes on the domestic economy of a country? The impact of exchange rate changes on international capital flows is briefly described. The third chapter is about foreign exchange market and foreign exchange risk Review questions: Briefly describe the characteristics of modern foreign exchange markets. What are the basic functions of the foreign exchange market? Explain the relationship between rising and falling water and interest rates. Try to explain the relation and difference between forward foreign exchange trading and foreign exchange futures education. Briefly describe the determinants of currency futures prices. What is foreign exchange risk? What types of foreign exchange risk? What are the elements of foreign exchange risk? Brief introduction of different types of foreign exchange risk management strategi