本論文共分七章二十七節。主要內容如下： 第一章為緒論。說明撰寫本論文之動機和目的、研究方法、範圍暨限制以及論文架構。 第二章為金融創新之本質與金融商品開放之理由。介紹金融創新的定義、種類、源起及發展，並探討外匯期貨暨選擇權在金融創新中之歸類、定位，以及金融商品應開放之理由。 第三章為我國現行的外匯管理制度及避險工具。首先說明我國目前外匯管理制度的特色，其次就外匯風險之類型加以分類，並介紹我國現有之主要匯率避險工具－遠期外匯暨其它匯率避險工具，最後則針對我國遠期外匯市場交易清淡之原因進行探討。 第四章為外匯期貨契約。除了介紹外匯期貨契約的起源、經濟功能及法律概念與規範意義外，並對保證金之制度及法律性質加以說明。另外，則對美、日、新加坡之外匯期貨交易制度進行比較，並特別介紹互相結轉沖銷系統(MOS)及全球交易系統 (Globex)。最後，則針對外匯期貨交易中之避險及投機操作，逐一舉例說明分析。 第五章為外匯選擇權契約。本章首先介紹外匯選擇權之起源、定義及種類；接著說明其法律性質、規範意義與實務操作，並綜合比較遠期外匯、外匯期貨暨選擇權；最後則對我國國外期貨交易法加以評釋。 第六章為金融規範分析-Laffer Curve 於政府修法時之應用。本章為法律之經濟分析，筆者嘗試將成本效益分析、博弈理論(Game Theory)及諮商(Negotiation)策略應用到政府之立法上面。探討法令規範之最適規模及其與時間函數之關係，並檢討「立法從嚴、執法從寬」暨「惡法亦法」之不當。 第七章為結論與建議。本章以摘要方式將前述章節內容做一總結，並對正草擬中之國內期貨交易法提出筆者淺見，俾供參考。 / GATT is the most important organization which governedrld trade since it was founded in 1948. since China15th trader in the world,so it certainly cannotutside of GATT.China's special case has given rise to certain legalonomic problems,which have made its participation intill remain unsolved.legal issues come from China's request for "resumptioninal membership".This request will cause difficult whens to some rights and obligations under GATT such asion ticket,grandfather clause and non-application clause.ms GATT will "acknowledge" China's orginal seat,butneeds to negotiate is terms and obligations as a newant.economic problems are caused by China's non-marketic system and its claim for developing country status.hough China has carried out many reforms on economicure,major GATT contracting parties still think China'sy and trade regime are not liberlized enough to fit GATT.ina's great potential export power makes other countriesant to give China special treatment which other developingies enjoy.to China's reform of its trade system,China only has toake tariff concession without undertaking other importments which some East European countries have made. Chinareally like to avoid discriminatory quantity restriction special safeguard clauses,but other contracting partiest likely to permit this.use of changes in international circumstances, theation of China's participation has made no progress during991.After 1992,the negotiation begin to accelerate,butcan' t reach a certain conclusion.