GBS Seminar: International Trade and Finance

Location

Coronado, 230

$395

October 3, 10, and 17 (9 hours total) 6 p.m. - 9 p.m.

One only need to turn on the news to understand that we live in a truly global society, where political upheavals and economic uncertainty in geographically distant countries have measurable effects on our businesses, institutions and society at large. We will study this global interconnectedness through the lenses of international trade by exploring the mechanics of the foreign exchange market, balance of payments accounts, exchange rate regimes and foreign exchange parity conditions.

For firms and/or individuals who have exposure to foreign markets, we will examine options to manage exchange rate risk, as protection from depreciation of the currency of payment is critical. For firms whose suppliers aren’t in the United States, we will discuss methods to determine the direction of exchange rates, as decisions to purchase major assets must involve understanding the foreign exchange market.

Learning Objectives:

• Identify the mechanics that underlie international transactions
• Assess the impact of exchange rate fluctuations on investment decisions and supplier selection abroad
• Determine expected levels of future exchange rates by using foreign exchange parity conditions
• Develop a toolset to manage exchange rate risk
• Evaluate the consequences of international trade restrictions on firm performance
• Total Seminar Hours: 9

Seminar Leader:

Dr. Svetina joined the University of San Diego in the fall of 2008, after obtaining his PhD in Finance from Arizona State University. At USD, he teaches graduate and undergraduate Corporate Finance and Investments courses. His research interests include the role of private equity in mergers and acquisitions, the impact of local clienteles on the precision of analyst forecasts, accelerated share buybacks, and performance and competition of exchange traded funds (ETFs). Professor Svetina is frequently recognized as one of the outstanding professors within the School of Business Administration at USD.