DISCUSSION 3- 4604

There are many real life examples related to concepts discussed in Module 11. Try to locate and share some examples from current news, historical events, or your own professional experience. For example, pick one of the following articles and discuss how they relate to the content of this module (remember that the articles are real-life illustrations of concepts covered on the module):

  • (WSJ, 2023)
  • (WSJ, 2023)
  • (WSJ, 2023)
  • (WSJ, 2022)
  • (WSJ 2022)
  • (WSJ, 2022)
  • (WSJ, 2022)
  • (WSJ, 2022)

MODULE 11 FOCUSES

  • Chapter 13: International Equity Markets
    • Eun, C. S., Resnick, B. G., & Chuluun, T. (2024). International financial management (10th ed.). McGraw-Hill.
    • The most important sections are:
      • “Market Liquidity ” p. 362
      • “Trading in International Equities” pp. 367-376, except you can ignore the discussion on sponsored and unsponsored ADRs on p. 373
      • “Empirical Findings” on pp. 377-378
      • “International Equity Benchmarks” pp. 378-379, only to become familiar with MSCI  indexes and iShares. 
  • Chapter 15: International Portfolio Investment
    • Eun, C. S., Resnick, B. G., & Chuluun, T. (2024). International financial management (10th ed.). McGraw-Hill.
    • The most important sections are:
      • “International Correlation Structure and Risk Diversification” pp. 408-416
      • “Effects of Changes in the Exchange Rate” pp. 416-418
      • “International Diversification at Home” p. 421, especially mutual funds, country funds, ETFs, and ADRs.  
      • “Home Bias” p. 427

Additionally, on the discussion board, you may want to describe, in your own words, the insights, doubts, queries, and serendipitous findings when presented with the content in this module and discuss how you came to understand the concept. This should not be undigested information copied from course materials or internet resources.