国际财务管理（原书第8版）课件PPTEun_CH01_Accessible.pptx

International Financial ManagementEighth Edition;Chapter Outline;What’s Special about “International” Finance?;What’s Special about “International” Finance: Foreign Exchange Risk (1 of 2);What’s Special about “International” Finance: Foreign Exchange Risk (2 of 2);Exhibit 1.1: Monthly Percentage Change in Japanese Yen—U.S. Dollar Exchange Rate;What’s Special about “International” Finance: Political Risk;What’s Special about “International” Finance: Market Imperfections;The Example of Nestlé’s Market Imperfection (1 of 2);The Example of Nestlé’s Market Imperfection (2 of 2);Exhibit 1.2 Daily Prices of Nestlé’s Bearer and Registered Shares;What’s Special about “International” Finance: Expanded Opportunity Set;Goals for International Financial Management;Maximization of Shareholder Wealth;Other Goals: Stakeholders;Other Goals: Principal Agent Conflict;Other Goals: Business Culture;Globalization of the World Economy: Major Trends and Developments;Emergence of Globalized Financial Markets;Emergence of the Euro as a Global Currency;Europe’s Sovereign-Debt Crisis of 2010;The Greek Drama;Trade Liberalization and Economic Integration;Liberalization of Protectionist Legislation;NAFTA;Brexit;Privatization;Chinese Privatization;Global Financial Crisis of 2008—2009 ;Exhibit 1.5: U.S. Unemployment Rate and Dow Jones Industrial Average (1 of 2);Exhibit 1.5: U.S. Unemployment Rate and Dow Jones Industrial Average (2 of 2);Multinational Corporations;Exhibit 1.6: Top Nonfinancial MNCs (1 of 2);Exhibit 1.6: Top Nonfinancial MNCs (2 of 2);Summary (1 of 3);Summary (2 of 3);Summary (3 of 3);The following slides cover the Appendix to Chapter 1. ;The Theory of Comparative Advantage;The Geometry of Comparative Advantage (1 of 11);The Geometry of Comparative Advantage (2 of 11);The Geometry of Comparative Advantage (3 of 11);The Geometry of Comparative Advantage (4 of 11);The Geometry of Comparative Advantage (5 of 11);The Geometry of Comparative Advantage (6 of 11);The Geometry of Comparat