About This Chapter
Introduction to International Finance - Chapter Summary
This helpful finance study resource offers a basic overview of international finance concepts. Inside the chapter, you'll find bite-sized video lessons that examine topics such as foreign currency exchange, currency appreciation and depreciation, international banking organizations and fiscal/monetary policies. You're encouraged to take the accompanying self-assessment quizzes to make sure you take away the most important terms and concepts from the chapter. To help make your studying experience convenient and flexible, we've made the chapter accessible on any device that has an Internet connection. Studying this chapter can help you:
- Understand how currency supply and demand relate to the exchange of foreign currency
- Determine how exchange rate changes affect the appreciation and depreciation of currency
- Explain how exchange rates are affected by fiscal and monetary policies
- Evaluate several international banking services
- Assess international banking organizations, including the IMF and World Bank
1. Foreign Currency Exchange: Supply and Demand for Currency
In this lesson, you'll learn why money from different countries has different values of exchange. We'll cover the supply and demand for currencies and how changes in supply and demand can affect the exchange rates between currencies.
2. Currency Appreciation & Depreciation: Effects of Exchange Rate Changes
Find out how changes in the exchange rate can affect the economy and your own individual situation. Discover how these currency changes can increase and decrease your purchasing power and standard of living.
3. How Fiscal and Monetary Policies Affect the Exchange Rate
Discover how fiscal and monetary policy can affect the exchange rate and ultimately the amount of money it costs you to buy goods and services. Find out the three paths that both fiscal and monetary policy can travel to impact the exchange rate.
4. International Banking and Services
Business never stops in the global economy. Companies need banking services 24 hours a day on different continents. In this lesson, you'll learn about international banking, including services provided and types of banks.
5. The World Bank, IMF & Other International Banking Organizations
International banking and financial organizations exist to encourage economic and financial stability, help facilitate trade, and help with economic development. In this lesson, you'll learn about some of these important organizations.
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Other chapters within the TECEP Financial Institutions & Markets: Practice & Test Prep course
- Financial Markets & Financial Instruments
- Interest Rates Overview
- Financial Market Analysis & Trading
- Banks & Other Financial Intermediaries
- The Flow of Funds in Financial Intermediaries
- Regulation of Financial Institutions
- Introduction to the Mortgage Market
- Futures & Options
- Branch Banking & Deposit Insurance
- Money & Interest-Rate Relationships
- Inflation & Income Policies
- TECEP Financial Institutions & Markets Flashcards