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Papers On International Economics & Finance
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International Banking and Paper Issues
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This 8 page paper is based on a case study provided by a student. It regards the intention of Coca-Cola to raise over $2 billion in commercial paper short term loans. The advantages and disadvantages of doing this through a 'private' sale are considered, including issues such as time and security. The bibliography cites 3 sources.
Filename: TEintban.wps

International Banks
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This 6 page paper looks at what is meant by an international bank, using different definition and then looks at the role of the banks and the main influences that have been seen. The bibliography cites 12 sources.
Filename: TEinterbanks.rtf

International Bond and Financing Questions
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This 31 page paper answers questions asked by the student concerning international bond issues. The paper looks at issues such as the impacts on bond issues, underwriting of issues, the requirements for SEC registration under the 1933 Securities Act in the US and how these may be avoided. How convertible shares may be adapted to reduce fears of some investors, a range of contractual issues such as default, notice of acceleration the value use and impact of a negative pledge clause, the role and advantages of a bond trustee, the reasons why English law is the preferred law and the role and purpose of GDR’s. The bibliography cites 5 sources.
Filename: TEbondint.rtf

International Diversification
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This 3 page paper looks at how and why international diversification takes place. Focusing on the financial aspects including interest rate parity the paper considers the advantages and disadvantages. The bibliography cites 5 sources.
Filename: TEintdivers.rtf

International Economics: US-Singapore Free Trade Pact
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A 6 page paper discussing the likely economic effects of a unilateral free trade agreement between the US and Singapore. There are few if any real detriments to freer trade. Though it can create the need for specific industries and organizations to undergo forced change, that change nearly always is positive when approached in a positive light. The pattern has been repeated many times over the past generation, beginning with Japanese consumer electronics. Though it can create chaos in the short term, it produces only benefits in the long term. Bibliography lists 5 sources.
Filename: KSintlEconFrTrad.rtf

International Factor Movement and Trade
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This 4 page paper considers how international factor movements; movements of labour and capital, can substitute for trade. The paper uses examples to illustrate points raised. The bibliography cites 6 sources.
Filename: TEfacmov.rtf

International Finance
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This 7 page paper answers different questions regarding international finance. The first questions looks at then use of the spot market as well as how and why Eurocurrencies may be used. The second looks at the way in which interest rates of one country may impact on currency exchange rates of another country and how this may be interpreted by the market. The third looks at the use of forward contracts and the last question looks at issuing bonds in different currencies where there are different interest rates. The bibliography cites 5 sources.
Filename: TEintfnc.rtf

International Finance at AC Tractor
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An 8 page paper discussing currency hedging activities at this tractor manufacturer in the 1980s. Sales of the company's products were evenly split between US and Canadian markets, but the state of the industry was such that the company (through a capital company) financed nearly all aspects of distribution, from floor planning for dealers to purchase financing for farmers. The paper examines the company's practices and identifies available alternatives. Bibliography lists 4 sources.
Filename: KSiFinTract.wps


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