1MultinationalFinancialManagementAlanShapiro7thEditionJ.WileySonsPowerPointsbyJosephF.Greco,Ph.D.CaliforniaStateUniversity,Fullerton2CHAPTER5THEBALANCEOFPAYMENTSANDINTERNATIONALLINKAGES3CHAPTEROVERVIEWI.BALANCE-OF-PAYMENTCATEGORIESII.THEINTERNATIONALFLOWOFGOODS,SERVICES,ANDCAPITALIII.COPINGWITHCURRENTACCOUNTDEFICITS4PARTI.BALANCE-OF-PAYMENTCATEGORIESA.THEBALANCEOFPAYMENTS(B-O-P)1.PURPOSE:Measur...
