Web Links for International Finance Spring 2003 Chapter 1 – Globalization and the Multinational Firm World Trade Organization – www.wto.org World Bank – www.worldbank.org International Trade Center – www.intracen.org Financial Times – www.ft.com The Economist – www.economist.com *Inc. Online – www.inc.com/international Glossary of terms used in world trade – http://members.xoom.com/tradeweb/genterms *North American Free Trade Agreement – gopher://wiretap.spies.com/11/gov/NAFTA Critical review of NAFTA – www.citizen.org/pctrade/nafta/naftapg.html Generalized Agreement on Tariffs – http://trading.wmw.com/gatt Chapter 2 – International Monetary System *Comprehensive history of money – www.ex.ac.uk/~Rdavies/arian/llyfr.html Link to the central banks in over 100 countries – http://wallstreeter.com/bankfrm.htm Information on currencies of the world – http://pacific.commerce.ubc.ca/xr/ Exchange rate target zones – www.tri.org.au/ European Union – www.europa.eu.int/ History of the euro – www.aci.net/kalliste/euro.htm European Central Bank – www.ecb.int/ *JP Morgan EMU – www.jpmorgan/emu/index.html Chapter 3 – Balance of Payments International Monetary Fund – www.imf.org/external/about.htm Bureau of Economic Analysis – www.bea.doc.gov Chapter 4 – The Market for Foreign Exchange Bank for International Settlements – www.bis.org CNN Finance – http://cnnfn.com/markets/currencies Federal Reserve Bank of New York – www.ny.frb.org Chapter 5 – International Parity Relationships and Forecasting Foreign Exchange Rates Organization for Economic Cooperation and Development – www.oecd.org/std/nadata.htm Forecasting of major currencies, along with news and analysis – www.oanda.com Outlooks on world stocks and bond markets – www.pei-intl.com/Quotes/watch.htm Provides numerical illustrations of foreign exchange arbitrage – www.angelfire.com/me/ozanpage/index.html Provides trade-weighted and inflation-adjusted real exchange rates of OECD countries – www.jpmorgan.com/currindex.html 1 Chapter 6 – International Banking and Money Market Bank for International Settlements – www.bis.org EURIBOR – www.euribor.org Value-at-risk techniques with JP Morgan – www.riskmetrics.com Chapter 7 – International Bond Market Fitch IBCA – www.fitchibca.com Moody’s Investor Services – www.moodys.com Standard and Poor’s – www.standardandpoors.com JP Morgan – www.jpmorgan.com Chapter 8 – International Equity Markets Bank of New York Depository Receipt Service – www.bankofny.com/adr European Association of Securities Dealers Automated Quotation – www.easdaq.be International Finance Corporation – www.ifc.org Chapter 9 – Futures and Options on Foreign Exchange Belgian Futures and Options Exchange – www.belfox.be Chicago Mercantile Exchange – www.cme.com London International Financial Futures Exchange – www.liffe.com Numa Directory – www.numa.com/ref/exchange.htm Philadelphia Stock Exchange – www.phlx.com *Singapore International Monetary Exchange <http://www.simex.com.sg> Chapter 10 – Currency and Interest Rate Swaps International Swaps and Derivatives Association – www.isda.org Bank for International Settlements – www.bis.org Chapter 11 – International Portfolio Investments JP Morgan, International Depository Receipts – www.adr.com American Depository Receipts – http://wallstreeter.com/adrframe.htm *World Equity Benchmark Shares – http://websontheweb.com/enhanced/index.html *Provides global equity data and risk analysis – www.riskview.com/html-inf/home2.html Salomon Brothers Asia Growth Fund – www.sbam.com/framasia.htm *Provides information on various hedge funds – www.anakonda.com/Hedgefunds.htm Chapter 12 – Management of Economic Exposure *Provides information on foreign exchange risk and economic exposure – www.stern.nyu.edu/rigiddy/fxrisk.htm Chapter 13 – Management of Transaction Exposure *Case study by Dr. Phillipe Jorion – www.gsm.uci.edu1~jorion/pachet/case.html (Discussion of issues related to currency exchange management) 2 Chapter 14 – Management of Translation Exposure Illustrates translation and transaction exposure as reported in the current annual report of a Swedish multinational firm – www.duni.com Chapter 15 – Foreign Direct Investment Provides country risk reports and economic indicators for some Asian countries – www.asiarisk.com *Discussion on the role of foreign direct investment – www.wasa.shh.fi/institut/natekon/kurser/internet/lecture4.htm Discussion of various mergers and acquisitions – http://members.aol.com/idealmaker/home.htm Chapter 16 – International Capital Structure and the Cost of Capital *The New York Stock Exchange provides information on non-US companies listed on the exchange as well as links to other world markets – www.nyse.com/public/interview/04ix.htm *NASDAQ list of non-US companies listed on their exchange – www.nasdaq.com/mktofmkts/nonusoutputa0.stm *Provides a countrywise economic review – www.pei-int.com/hmframe.htm Chapter 17 – Financial Management of the Multinational Firm *International Capital Budgeting – www.worldbank.org/html/extdr/business.htm Chapter 18 – Multinational Cash Management *Provides links to international tax and transfer pricing information – http://cibs.tamu.edu/resources/web.htm *Provides discussion of the purpose, preparation, and analysis of cash budgets – http://www.office.com/global/businesstools Chapter 19 – Exports and Imports American Countertrade Association – www.countertrade.org Export-Import Bank of the United States – www.exim.gov Export-Import Bank of India – www.eximbankindia.com Big emerging markets information resource page – www.ita.doc.gov/bems/ Chapter 20 – International Tax Environment PriceWaterhouseCoopers list of tax authorities in many countries – www.clnewsnet.com/tnn/hotsites/intnatl.html KPMG’s corporate tax survey – www.tax.kpmg.net 3