This seventh edition text on multinational business finance explains how successful multinational firms recognize and exploit imperfections in national markets, utilize available factors of production, and manage financial assets. The authors further claim that while volatile exchange rates increase risk, they can also generate great opportunities for both investors and organizations needing to raise capital. Annotation copyright Book News, Inc. Portland, Or. --This text refers to an out of print or unavailable edition of this title. New ninth edition, renowned for its authoritative coverage and lucid explanations of the intricacies of contemporary international finance. Features an streamlined presentation, expanded attention to emerging markets, and a stronger managerial focus throughout. Previous edition c1998. DLC: International business enterprises--Finance. The Ninth Edition of this market leader communicates the complexities of international finance clearly and authoritatively. The book features a streamlined presentation, expanded attention to emerging markets, several new chapters, and four new decision cases with an emerging-markets focus. An accompanying new Casebook by Michael Moffett includes in-depth decision cases keyed to the coverage in the Eiteman text. The authors have a knack for communicating the complexities of international finance to today's students in a manner that is clear and understandable. For anyone interested in business.