(BQ) Part 2 book "International business" has contents: International financial markets, international monetary system, international strategy and organization, analyzing international opportunities, selecting and managing entry modes,. and other contents. | Part 4 Chapter Nine The International Financial System International Financial Markets Learning Objectives After studying this chapter, you should be able to 1. Explain the importance of the international capital market. 2. Describe the main components of the international capital market. 3. Outline the functions of the foreign exchange market. 4. Explain the different types of currency quotes and exchange rates. 5. Describe the instruments and institutions of the foreign exchange market. A Look Back A Look at This Chapter A Look Ahead Chapter 8 introduced the most prominent efforts at regional economic integration occurring around the world. We saw how international companies are responding to the challenges and opportunities that regional integration is creating. This chapter introduces us to the international financial system by describing the structure of international financial markets. We learn first about the international capital market and its main components. We then turn to the foreign exchange market, explaining how it works and outlining its structure. Chapter 10 concludes our study of the international financial system. We discuss the factors that influence exchange rates and explain why and how governments and other institutions try to manage exchange rates. We also present recent monetary problems in emerging markets worldwide. MyManagementLab™ Improve Your Grade! When you see this icon , visit for activities that are applied, personalized, and offer immediate feedback. 254 Chapter 9 • InternatIonal FInanCIal Markets 255 Wii Is the Champion KYOTO, Japan—Nintendo () has been feeding the addiction of video-gaming fans worldwide since 1989. One hundred years earlier, in 1889, Fusajiro Yamauchi started Nintendo when he began manufacturing Hanafuda playing cards in Kyoto, Japan. Today, Nintendo produces and sells mobile gaming devices and home gaming systems, including Wii U, Wii, Nintendo .
