A text for undergraduate and beginning MBA students on current methods for financial management of international firms. Discussion deals with management of finance function from the viewpoint of the chief financial officer of the multinational corporation (MNC). Sources of funds to finance MNCs are examined, and markets for financial instruments used to finance the MNC or to hedge its various risks are analyzed. Major concepts, analytical methods, and applications are incorporated. Special emphasis is placed on the role of the chief financial officer (CFO), with several mini-cases examining CFOs and financial institutions' executives in real-life situations. This text is shorter than most in international business finance, making it easier to complete in one semester. Includes chapter summaries, discussion questions, problems, and a glossary. Annotation c. by Book News, Inc., Portland, Or.