International EconomicsThis text presents an evenhanded, unbiased, intuitive coverage of all the standard topics as well as the latest theoretical and policy issues in international economics. The chapters feature an intuitive approach with more rigorous proofs presented in chapter appendices. Throughout the text, the author maintains a tight connection with the real world with 108 real-world case studies, many brand new to this edition. |
Contents
Contents | 1 |
Case Studies | 2 |
Chair Department of Economics | 3 |
Copyright | |
77 other sections not shown
Common terms and phrases
adjustment autarky balance of payments balance-of-payments Bank billion BP curve capital flows Chapter community indifference curves comparative advantage consumers current account customs union deficit demand curve depreciation devaluation developing countries developing nations domestic effect elasticity equilibrium point European Union examine exchange rate system factor prices fixed exchange rate flexible exchange rates foreign currency foreign exchange markets free trade gains from trade gold growth Heckscher-Ohlin Heckscher-Ohlin theory higher increase indifference curve industrial countries interest rate International Economics International Monetary international trade isoquant Japan L-intensive labor left panel modity monetary policy money supply Nation 1's national income offer curve opportunity costs output panel of Figure percent pound Problem production frontier Px/Py reduce relative commodity prices relative price result right panel rise Salvatore Section shift shows slope Study supply curve surplus Table terms of trade theorem tion tional U.S. dollar U.S. exports United Kingdom wages welfare wheat