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International Economics
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ISBN
:
9788126514137
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Publisher
:
Wiley India Pvt Ltd
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Subject
:
Economics
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Binding
:
paperback
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Pages
:
868
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Year
:
2007
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639.0
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562.0
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Description
This book has an even handed, unbiased introduction to the concepts and the latest theoretical and policy issues in international economics. The text's balanced presentation of policy controversies allows the reader to consider different sides of crucial issues. Over 100 case studies-many new to this edition-back up the material with real-world examples and applications from economics and business. Appendices provide expanded coverage to enrich the material without interrupting the basic flow of the narrative. Table of Contents Introduction Part One: International Trade Theory The Law of Comparative Advantage The Standard Theory of International Trade Demand and Supply, Offer Curves, and the Terms of Trade Factor Endowments and the Heckscher-Ohlin Theory Economies of Scale, Imperfect Competition, and International Trade Economic Growth and International Trade Part Two: International Trade Policy Trade Restrictions: Tariffs Nontariff Trade Barriers and the New Protectionism Economic Integration: Customs Unions and Free Trade Areas International Trade and Economic Development International Resource Movements and Multinational Corporations Part Three: The Balance Of Payments, Foreign Markets And Exchange Rates Balance of Payments Foreign Exchange Markets and Exchange Rates Exchange Rate Determination Part Four: Open Economy-Macroeconomics And The International Monetary System The Price Adjustment Mechanism with Flexible and Fixed Exchange Rates The Income Adjustment Mechanism and Synthesis of Automatic Adjustments Open-Economy Macroeconomics: Adjustment Policies Prices and Output in an Open Economy: Aggregate Demand and Aggregate Supply Flexible versus Fixed Exchange Rates, the European Monetary System and Macroeconomic Policy Coordination The International Monetary System: Past, Present, and Future Answers to Selected Problems Glossary of Key Terms Name Index Subject Index
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