ABSTRACT

The latest edition of International Economics improves and builds upon the popular features of previous editions. The graphs, tables and statistics are all updated and improved sections have also been added on the following topics:
* New developments in international trade agreements and the latest round of international trade talks
* International financial crises
* A new section on current controversies in the international monetary system

With impressive pedagogy, learning objectives and summaries, this clearly written book will be another winner with students of international economics and business.

chapter 1|14 pages

Introduction

Learning objectives

part |2 pages

PART ONE International trade and trade policy

chapter 2|34 pages

Patterns of trade and the gains from trade: insights from classical theory

Insights from classical theory Learning objectives

chapter 3|5 pages

Trade between dissimilar countries: insights from the factor proportions theory

Insights from the factor proportions theory Learning objectives

chapter 4|16 pages

Trade between similar countries: implications of decreasing costs and imperfect competition

Implications of decreasing costs and imperfect competition Learning objectives

chapter |3 pages

Suggested further reading

chapter 5|5 pages

The theory of protection: tariffs and other barriers to trade

Tariffs and other barriers to trade Learning objectives

chapter |1 pages

Summary of key concepts

chapter |3 pages

Questions for study and review

chapter 6|6 pages

Arguments for protection and the political economy of trade policy

Learning objectives

chapter |6 pages

Secondary arguments for protectionism

chapter |1 pages

Questions for study and review

chapter |2 pages

Suggested further reading

chapter 7|1 pages

Regional blocs: preferential trade liberalization

Preferential trade liberalization Learning objectives

chapter |6 pages

Box 7.1 Fortress Europe?

chapter |3 pages

Other regional groups

chapter 8|13 pages

Commercial policy: history and recent controversies

History and recent controversies Learning objectives

chapter |2 pages

Intellectual property

chapter |1 pages

The Doha Development Agenda

chapter |4 pages

Box 8.4 Who’s afraid of China?

chapter 9|16 pages

International mobility of labor and capital

Learning objectives

chapter |2 pages

Questions for study and review

chapter 10|7 pages

Trade and growth

Learning objectives

chapter |1 pages

Suggested further reading

chapter 11|4 pages

Issues of international public economics

Learning objectives

chapter |17 pages

Box 11.1 Trade in toxic waste

chapter 12|3 pages

Balance-of-payments accounting

Learning objectives

chapter |10 pages

Box 12.1 Gold as a reserve asset

chapter |2 pages

Questions for study and review

chapter 13|16 pages

Markets for foreign exchange

Learning objectives

chapter |1 pages

Questions for study and review

chapter |2 pages

Notes

chapter 14|16 pages

International derivatives: foreign exchange forwards, futures, and options

Foreign exchange forwards, futures, and options Learning objectives

chapter |1 pages

Suggested further reading

chapter 15|16 pages

Alternative models of balance-of-payments or exchange-rate determination

Learning objectives

chapter |2 pages

Questions for study and review

chapter 16|5 pages

Payments adjustment with fixed exchange rates

Learning objectives

chapter |1 pages

Questions for study and review

chapter |1 pages

Notes

chapter 17|15 pages

Balance-of-payments adjustment through exchange rate changes

Learning objectives

chapter |2 pages

Notes

chapter 18|11 pages

Open economy macroeconomics with fixed exchange rates

Learning objectives

chapter |1 pages

Notes

chapter 19|17 pages

The theory of flexible exchange rates

Learning objectives

chapter |1 pages

Questions for study and review

chapter |1 pages

Notes

chapter 20|1 pages

The international monetary system: history and current controversies

History and current controversies Learning objectives

chapter |19 pages

Events before 1973

chapter 1|10 pages

Currency, but Not One Economy

chapter |1 pages

Suggested further reading