国际金融（英文版）（第三版）

International Finance (English Version) (3rd Edition) continues to advance readers' comprehensive knowledge in the field of international finance. The book first introduces readers to the balance of payments, theories of balance of payments, and macroeconomic policies in an open economy. Then, it delves into the topic of fixed, floating and managed exchange rates, followed by models of exchange-rate determination, foreign exchange markets, currency futures, options, swaps, international lending, and financial crises. Moreover, through vivid case studies, it covers the history of the international monetary system, contemporary currency regimes, emerging markets and regime choices, international banking, and foreign direct investment and capital budgeting. In particular, the third edition adds a new chapter on digital currencies, including digital, virtual, and cryptocurrency markets and blockchains. This chapter complements other content that predicts the direction of international monetary system reforms and enhances the book's theoretical and practical breadth. Overall, the book is highly readable and informative, providing valuable guidance and insight into the application of international finance in practice.