Term
| International Financial Market |
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Definition
- The international capital market
- A capital market is a system that allocates financial resources in the forms of debt and equity according to their most efficient uses.
- National vs. International capital markets
- The foreign exchange market
- Market in which currencies are bought and sold and in which currency prices are determined.
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Term
| Purposes of National Capital Markets |
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Definition
The Role of Debt
The Role of Equity |
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Term
| Purposes of the International Capital Market |
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Definition
Expanding the Money Supply
Reducing the Cost of Money
Minimizing Investor Risk |
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Term
| Capital Market Expansion Forces |
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Definition
Information Technology
Deregulation
Financial Instruments |
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Term
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Definition
Typical Buyers
Patterns of Growth
Risks and Rewards |
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Term
| Functions of the Foreign Exchange Market |
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Definition
Currency Conversion
Currency Hedging
Currency Arbitrage
Interest Arbitrage
Currency Speculation |
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