Three American professors of finance present an undergraduate-level textbook on the financial management dimensions of multinational enterprises. After introducing readers to the global financial environment, the text explains foreign exchange theory and markets, discusses the measurement and management of foreign exchange exposure, looks at the financing of the global firm, analyzes foreign investment decisions, and examines the management of international operations. A prerequisite in corporate finance or financial management would aid in understanding. Annotation (c)2003 Book News, Inc., Portland, OR