| Description |
x, 610 pages : illustrations ; 26 cm |
| Series |
Cambridge low-price editions |
| Contents |
Pt. 1. Introduction. 1. The Nation as an Economic Unit -- Pt. 2. International Trade Theory and Policy. 2. Comparative Advantage and the Gains from Trade. 3. Economic Efficiency and Comparative Advantage. 4. Factor Endowments and Comparative Advantage. 5. Factor Substitution and a Modified Ricardian Model. 6. Factor Substitution and the Heckscher-Ohlin Model. 7. Imperfect Competition and International Trade. 8. Trade and Factor Movements. 9. Instruments and Uses of Trade Policy. 10. The Evolution of Trade Policy. 11. The Future of the Trading System -- Pt. 3. International Monetary Theory and Policy. 12. The Balance of Payments and the Foreign-Exchange Market. 13. Incomes and the Current Account. 14. Exchange Rates and the Current Account. 15. Interest Rates and the Capital Account. 16. Expectations, Exchange Rates, and the Capital Account. 17. Stocks, Flows, and Monetary Equilibrium. 18. Asset Markets, Exchange Rates, and Economic Policy |
|
19. The Evolution of the Monetary System. 20. The Future of the Monetary System -- App. A. Mathematical Notes on Trade Theory and Policy -- App. B. Mathematical Notes on Monetary Theory and Policy -- App. C. Outlines of Answers to Selected Problems |
| Summary |
"This text is a rigorous introduction to international economics for upper-level undergraduates and above." "This fourth edition retains the strategy and structure of the previous edition but has many new features. It assesses the outcome of the Uruguay Round to trade negotiations, the work of the new World Trade Organization (WTO), and the challenges posed by regional trade blocs. It surveys recent theoretical work on currency crises, examines recent crises in emerging-market countries and the role of the International Monetary Fund (IMF), and appraises innovations in exchange-rate arrangements, including the EMU and the use of currency boards. A problem set follows each chapter."--BOOK JACKET |
| Notes |
Includes index |
|
Previous ed.: 1994 |
| Bibliography |
Includes bibliographical references and index |
| Subject |
International economic relations -- Mathematical models.
|
|
International economic relations.
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| LC no. |
99015849 |
| ISBN |
0521643074 |
|
0521644356 (paperback) |
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