Multinational Financial Management

INDEX

A

Absolute advantage, 48

Accelerating collections, 615

Acceptance, 593

banker's, 593, 594, 598–600, 634

trade, 593

Account

capital, 188

current, 185–87, 211

financial, 188, 211

Accounting, for intangible benefits, 558

Accounting exposure, 337, 395

Accounts

capital, 184

current, 184

entries in US balance-of-payment, 186

financial, 184

link between current and financial, 191–94

nostro, 272

Accounts receivable management, 628–29

credit extension, 628–29

Adaptation, 584

Adjusted expected values, 563

Adjusted present value (APV), 560

approach, 559–60

Ad valorem tariffs, 649

Advance pricing agreements (APA), 652

Advantage

absolute, 48

comparative, 4, 48

competitive, 5, 16, 538, 550

Advertising, 12, 538

Advising bank, 588

African Development Bank (AFDB), 450

Aggregate domestic spending, 194

Agriculture, deregulation of, 243

All-equity rate, 559

Allied Irish Banks, 351

All-in costs, 317, 463

comparison of, in Eurobond issue, 464

Allocation, optimal international asset, 527–28

American Depositary Receipts (ADR), 525, 526

American Depositary Shares (ADS), 525

American Express, 639–40

American Motors Corporation (AMC), 582

American option, 287

value of, 296

American terms, 264

Analysis

break-even, 637

country risk, 214–52

foreign investment, 560–64

fundamental, 172, 174

political risk, 572–74

technical, 174

trend, 174

Anglo-Irish Bank, 131

Annual exchange rate change, 490

APA. See Advance pricing agreements (APA)

Apple Computer, 187–88

Appreciation, 52, 382

calculation of, 59

euro, ...