© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS LESSON7-1 GOALS  Explain the role of money and currency systems in international business.  Identify factors.

Slides:



Advertisements
Similar presentations
Banks and their products VOŠ – 3. ročník – 2. semestr.
Advertisements

Money & Financial Institutions
Money and Financial Institutions. In the monetary system goods and services are indirectly exchanged using money, which can then be exchanged for other.
Session 12 Money and Financial Markets. TEKS (12) Economics. The student understands the role of money in an economy. The student is expected to: (A)
Understanding Money and Financial Institutions CHAPTER 15 The Future of Business The Essentials 4 th Edition Gitman & McDaniel Prepared by Deborah Baker.
Chap. 1 The Study of Financial Markets Financial Markets – A Definition: –Markets in which funds are transferred between savers (investors) and borrowers.
Financing International Trade
© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license.
Chapter 1 Why Study Money, Banking, and Financial Markets?
Unit Five Money Systems. Unit 6 Vocabulary Account Receivable Bill of Exchange Bond Capital Project Commercial Invoice Credit Terms Currency Future Electronic.
IMH Understand the components of balance of payments Essential questions: What is balance of payment & how is it calculated? What are the two types.
INTERNATIONAL BUSINESS Chapter 7 Currency and Risk Management.
Chapter 1 Why Study Money, Banking, and Financial Markets?
© 2011 South-Western | Cengage Learning Global Financial Activities Financing Global Business Operations Global Financial Institutions.
© Prentice Hall, 2007Excellence in Business, 3eChapter Financial Management and Banking.
BA 101 Introduction to Business 17. Financial Management and Banking.
© 2011 South-Western | Cengage Learning Foreign Exchange and International Finance Money Systems Around the World Foreign Exchange And Currency.
© 2011 South-Western | Cengage Learning Foreign Exchange and International Finance Money Systems Around the World Foreign Exchange And Currency.
© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS LESSON7-1 GOALS  Explain the role of money and currency systems in international business.  Identify factors.
Back to Table of Contents pp Chapter 12 Money and Financial Institutions.
Chapter 12 Money and Financial Institutions
Chapter Nineteen Understanding Money, Banking, and Credit.
Chapter 1 Why Study Money, Banking, and Financial Markets?
All Rights Reserved Ch. 15: 1 Principles of Economics second edition © Oxford Fajar Sdn. Bhd. ( T) 2010 MONEY AND BANKING CHAPTER 15.
Instructor Lecture PowerPoints
© 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
1 Chapter 2 Principles of Money © 2000 South-Western College Publishing.
University of Palestine International Business And Finance Management Accounting For Financial Firms Part (3) Ibrahim Sammour.
Financing International Trade
Eco 200 – Principles of Macroeconomics Chapter 13: Money and Banking.
Next >>. 2 If a business does not receive payment for any reason, it risks losing money.
Understanding Money and Financial Institutions Chapter 15.
PowerPoint Presentation by Charlie Cook Copyright © 2005 Prentice Hall, Inc. All rights reserved. Chapter 14 Understanding Money and Banking.
© 2007 Prentice Hall, Inc. All rights reserved.15–1 Chapter 15 Money and Banking.
CH # 7 BANKING. Terms to know Definition of BANK 1 Kinds of BANK 2 Functions of central and commercial BANKS 3 Credit creation 4.
Money and Banking  1. Median of Exchange= any items that sellers accept as payment.  2. Standard of Value= a way to measure the relative value of goods.
Copyright © 2007 Pearson Addison-Wesley. All rights reserved. 1-1 The Financial System.
Chapter 12 Money – The Federal Reserve - Banks Relevant standards (Economics) C - Explain the function of money and its use in society D.
© Prentice Hall, 2007Excellence in Business, 3eChapter Keeping the Engine Running: Financial Management and Banking.
İntroduction to Business 2 BUS 102 Erlan Bakiev, Ph. D. Zirve University BUS 102.
Finance Business function of planning, obtaining, and managing a company’s funds in order to accomplish its objectives effectively and efficiently. THE.
Money and Banking Chapter 31 McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved.
MONEY AND THE FINANCIAL SYSTEM. OVERVIEW Monetary transmission mechanism Modern financial system Money – kinds, functions, significance Supply of money.
Copyright © 2005 by South-Western, a division of Thomson Learning, Inc. All rights reserved. Chapter 17 Financial Management and Institutions.
ECONOMICS CHAPTER 10 MONEY AND THE FINANCIAL MARKET Money for Nothing.
Chapter 1 Why Study Money, Banking, and Financial Markets?
SSEMI1 THE STUDENT WILL DESCRIBE HOW HOUSEHOLDS, BUSINESSES, AND GOVERNMENTS ARE INTERDEPENDENT AND INTERACT THROUGH FLOWS OF GOODS, SERVICES, AND MONEY.
Money, Banking, and Central Banking. Copyright © 2008 Pearson Addison Wesley. All rights reserved Introduction Why is the Federal Reserve System.
Commercial Banks.
Characteristics & Functions of Money
BALANCE OF PAYMENTS INTERNATIONAL MARKETING. WARMUP  20 point assignment from last class  Comparison chart of Pricing Terms  Letter of Credit  Pricing.
SSEMI1 THE STUDENT WILL DESCRIBE HOW HOUSEHOLDS, BUSINESSES, AND GOVERNMENTS ARE INTERDEPENDENT AND INTERACT THROUGH FLOWS OF GOODS, SERVICES, AND MONEY.
Chapter 10 Money and Banking. Section 1: Money Objective: Describe the three uses of money. List the 6 characteristics of money. Analyze the sources of.
Money and Banking The Federal Reserve and Monetary Policy.
LECTURE 5 Money and Banking. What is Money? Money is a good that is accepted as a medium of exchange in transactions. Other functions of money include:
CHAPTER 15 Money and the Financial System FHF 15-2 CHAPTER 14 Accounting and Financial Statements CHAPTER 16 Financial Management and Securities Markets.
Why Study Money, Banking, and Financial Markets?
Copyright © 2005 Pearson Education Canada Inc.12-1 Chapter 12 Money and the Banking System.
In a barter economy, a mutual coincidence of wants is required for trade to take place. Settlers in Colonial America used commodity money or fiat money.
Domestic Politics and Money. Learning output of the class: - better understanding of the current international monetary system - better understanding.
ECF 320 – MONEY, BANKING AND FINANCIAL MARKETS
Money, Financial Institutions, and the Federal Reserve
Understanding Money and Banking
Financial System Examine the financial system in an advanced economy.
MONEY SYSTEMS AROUND THE WORLD
Why Study Money, Banking, and Financial Markets?
Foreign Exchange and International Finance
Saving, Investment, and the Financial System
Balance of Payments & Exchange Rates
Copyright 2005 Prentice- Hall, Inc.
Presentation transcript:

© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS LESSON7-1 GOALS  Explain the role of money and currency systems in international business.  Identify factors that affect the value of currency. MONEY SYSTEMS AROUND THE WORLD

© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS 2 Money and Currency Systems What is money? Acceptability Scarcity Durability Divisibility Portability Why is money used? Medium of exchange Measure of value Store of value

© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS 3 Foreign Exchange Balance of payments Economic conditions Money supply and demand Risk Inflation Political Stability

© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS LESSON7-2 GOALS  Discuss foreign exchange activities.  Describe the main activities of the World Bank and the International Monetary Fund. FOREIGN EXCHANGE AND CURRENCY CONTROLS

© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS 5 Foreign Exchange Activities Changing exchange rates The foreign exchange market Foreign exchange controls

© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS 6 Japanese Yen Per U.S. Dollar

© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS 7 International Financial Agencies The World Bank The International Monetary Fund (IMF) Analyze economic situations Suggest economic policies Provide loans

© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS LESSON7-3 GOALS  Discuss payment methods and financial sources for international business transactions.  Explain other payment methods and financial documents used in international trade. CURRENCY TRANSACTIONS BETWEEN NATIONS

© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS 9 International Financial Transactions Foreign trade payment methods Cash in advance Letter of credit Sale on account Sources of international financing Short-term financing Long-term financing

© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS 10 Other Payment Methods and Financial Documents Promissory note Bill of exchange Electronic funds transfer (EFT) Commercial invoice Insurance certificate

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2025 SlidePlayer.com. Inc. All rights reserved.