Unit 2（课件）- 《世纪商务英语阅读教程专业篇II》同步教学（大连理工·2021）

CENTURY　BUSINESS　ENGLISH 世纪商务英语 阅读教程　专业篇　II 1 In this unit, you will • learn about some concepts of international financing, such as organizations, currency, balance of payments, etc.; • increase your understanding of the steps of international financing; • practice reading skills like identifying the main idea, getting the meaning from the context, recognizing word meanings, identifying facts and opinions, scanning and skimming, etc.; • be required to finish 14 tasks so as to achieve the objectives. Unit 2 International Financing 2 Topic Introduction Reading Skills Practice Comprehensive Reading Contents 目录 3 4 Topic Introduction 　　International finance is a branch of financial economics, mainly concerned with monetary and macroeconomic interrelations between two or more countries. It examines the dynamics of the global financial system, international monetary systems, balance of payments, exchange rates, foreign direct investment, and how these topics relate to international trade. And it is additionally concerned with matters of international financial management. Investors and multinational corporations must assess and manage international risks such as political risks and foreign exchange risks, including transaction exposure, economic exposure, and translation exposure. 　　The three major components setting international finance apart from its purely domestic counterpart are as follows: 1) foreign exchange and political risks; 2) market imperfections; 3) expanded opportunity sets. These major dimensions of international finance largely stem from the fact that sovereign nations have the right and power to issue currencies, formulate their own economic policies, impose taxes, and regulate movement of people, goods, and capital across their borders. 5 Task 1: Previewing the Unit Topic Look at the pictures below and discuss the following questions. 1. In the following two pictures, which aspects of international financing may be involved? 2. How c