INTL
303
International Banking and Trade Finance As Taught by Tim Richardson Additional Information to augment the Official Course Outline |
This page was originally on the Centennial College server in 1999 when the course was taught by Tim Richardson. It has been moved to Tim Richardson's server in 2001 and many of the links no longer work. |
Cross Rates Table
: For you to check
before every class so you will know the
basic Cdn exchange rate with the U.S. dollar,
Japanese Yen, British Pound
Exchange
Rate Convertor This on-line calculator, from the Bank
of Canada Web Site, works based on the actual Cdn/U.S.
dollar exchange rate of the day. Helpful for quick references.
Class 1 | May 10th | Chpt 1
Chpt 2 |
introduction
- Discussion of main points in
Chapter 1, Intl business methods, largest companies Global Top 15 Ricardo - Comparitive Advantage and Chapter 2 - IMF, World Bank, WTO Some is review of the themes in INTL 220 link to Chapter 1 on PowerPoint |
Class 2 | May 12th | Chpt 3 | read pages 63 - 82
link to Chapter 2 on PowerPoint spot market, bid/ask spreads, currency converstions, forward contracts Terminology Terminology2 |
Class 3 | May 17th | Chpt 3
Chpt 4 |
quotes, Euro, short
vs. long, bear vs. bull
The Euro currency page - read on-line description of Euro coins and notes description Exchange rate determination, factors that influence Link to Chapter 3 on PowerPoint |
Class 4 | May 19th | Chpt 4 | Exchange rate determination,
factors that influence
- read this good explanation of the Forex Market and Currency Futures it was a 2 page handout given to the class - read on-line article about The U.S. Federal Reserve System it was a 3 page handout given to the class Link to Chapter 4 on PowerPoint |
. | May 24th | . | 24rth of May Holiday |
Class 5 | May 26th | Chpt 5 | Assignment #1 due
- Chpt 3, Qestions. 3,4,5,6,7, and 9
- read Appendix A about the real situation trading in the Foreign exchange market - read Chapter 5, pages 141 to 154 - read on-line article about What is hedging? Why do companies hedge (from www.finpipe.com) Link to Chapter 5 on PowerPoint check the changes to the Grading Details / Marks |
Class 6 | May 31st |
Chpt 6 |
Quiz #1
Chpt 6 discusses Government Influence on Exchange Rates - in addition to reading Chapter 6 in the text, we will also discuss some web sites to obtain a "Canadian" perspective Link to Chapter 6 on PowerPoint - read Bank of Canada Backgrounders Monetary Policy - read Bank of Canada Backgrounders The Bank Rate - read article about foreign currency traders effecting the Cdn dollar |
Class 7 | June 2nd | Chpt 10 | Assignment #2 due
-
Chpt 4, Q. 3,4,5 Chpt 5, Q. 10,11,16 Link to Chapter 10 on PowerPoint - view this on-line example of a company's exchange rate exposure described in an annual report - an interesting on-line explanation of measuring risk - an on-line series of questions & answers on transaction exposure - an on-line essay about identifying and measuring 4X risk from the McKinsey Quarterly |
Class 8 | June 7th
Monday |
Mid-term Exam
covering Chpt 1,2,3,4,5, and 6 |
|
Class 9 | June 9th | Chpt 11 | Link
to Chapter 11 on PowerPoint
- read on-line article about currency swaps - read on-line article about hedging from www.finpipe.com - check the Canadian
Business TOP 25 Cdn Companies for the top Cdn companies in intl
business, that might need hedging and currency swaps
|
Class 10 | June 14th | Chpt 12 | Assignment #3 due
- Assignment 3 is identifying an MNC and commenting on how exchange rate fluctuations effected its annual revenue figures - to find a MNC, use the web sites listed on page 31~38 in the text\ Managing Economic Exposure Link to Chapter 12 on PowerPoint - optional reading: Professor Rubash at Bradley University in Illinois, has a web site and a series of ppt slides that also discuss Managing Economic Exposure some of these slides match our topics, some don't - Good explanation of the difference between transaction, translation and economic exposure - interesting reference to an expensive course all about Managing International Expansion in Global Markets cost is $4,900 US |
Class 11 | June 16th | Chpt 13 | Canadian
govt financing -
- you must check the following web sites for information on Canadian government financing of international trade - PEMD Cdn Govt Program for Export Market Development PEMD Goals and Structure of the Program Company Eligibility How Applications are Processed - EDC Export Development Corporation - BDC Business Development Bank Canada read section on Financial Products Overview and Consulting Services Overview |
Class 12 | June 21st | Chpt
13
Chpt 19 |
Canadian Government programs for financing intl trade, continued
Country Risk Analysis, Political Risk and Economic Performance - - Using the Delphi technique to collect general information - How the Delphi technique is used by some organizations - an example of a consulting company and its business in writing reports and risk analysis on countries - try this on-line currency risk and predictability quiz from a web site in India - Country Risk Analysis as done by a consulting company - read their section on a detailed chronology of important financial, economic and political events in emerging markets |
Class 13 | June 23rd | Chpt 19 | Country risk analysis , Using the WWW for finance |
Class 14 | June 28th | Appendix C | Assignment #4 due
- Assignment 4 is tracking "your" currency and commenting on the political and economic factors that caused changes Final Exam |
. | . | . | . |
. | July 1st | . | C A N A D A D A Y H O L I D A Y |