BANK 321: International Banking: (3-0-3) This course aims to cover the main principles and problems of international banking. The course is intended to cover both theoretical issues as well as the institutional background to international banking. the theory of the banking firm, the creation of credit and credit rationing, internationalization of banking, the risks and benefits from financial innovation. Central banking, bank regulation, deposit protection, capital adequacy and free banking. Selective institutional aspects of international banking. (Prerequisite BANK 301)