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'()* + ,
(purchasing power parity
PPP)
-
5
.
'/)0 1 2
(uncovered interest rate parity
UIRP)
-
5
.
'3)4 1 2
(covered interest rate parity
CIRP)
-
5
.
'5)$06 789:;
(forward rate as an unbiased predictor of
future spot rate
FUP)
-
5
.
') < = > ?
(International Fisher Effect
IFE)
-
5
.
'() @ A B
(foreign exchange option)
C D E F G H I + J + B
(long call)
KL+B
(short call)
+ J K B
(long put)
KLKB
(short put)
MN 5O D E
F G P QR S T U $ % &-
13
.
'/)V @ A B K B
(put option)
W X Y 3O Z [ % # ] ^ _
@AB
(in-the-money option)
@ A B
(at-the-money option)
` @ A B
(out-of-the-money option)
&-
6
.
1.
a^bcd
2.
e^bcd
3.
f^bcd
'3)Y 7 gZ [ V @ A B + B
(call option)
W X hB i
(premium)
j kl m `l n &$ o p &-
6
.
1.
@ A B q r ! l s
2.
t u v l m
'()wx yz { |
(Eurobond market)
} yz { | ~ ( Mhy
z { |
(foreign-bond market)
% & ^ h yz wx yz % &
-
15
.
'/)
(cross currency swap
CCS)
#]^iD
(financial swap)
(O
hP $ % & Q $ % &-
10
.
'() i 3
(the trilemma)
wkQg
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9
.
'/) d
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(price-specie flow mechanism)
Yi¡¢
(gold standard system)
£ ¤ ¥ ¦ § % ¨ © ª « &-
8
.
'3) © ¬
(liquidity dilemma)
` ® ¯ ° ±
(Triffin’s paradox)
²³´µ¢
(Bretton Woods system)
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8
.