Unlock document.
This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
Contents
Chapter 1 Introduction 1
Overview of Section I: International Trade Theory 3
Chapter 2 World Trade: An Overview 5
Chapter 3 Labor Productivity and Comparative Advantage: The Ricardian Model
8
Chapter 4 Specific Factors and Income Distribution 12
Chapter 5 Resources and Trade: The Heckscher-Ohlin Model 18
Chapter 6 The Standard Trade Model 24
Chapter 7 External Economies of Scale and the International Location of Production
30
Chapter 8 Firms in the Global Economy: Export Decisions, Outsourcing, and
Multinational Enterprises 35
Overview of Section II: International Trade Policy 40
Chapter 9 The Instruments of Trade Policy 42
Chapter 10 The Political Economy of Trade Policy 48
Chapter 11 Trade Policy in Developing Countries 54
Chapter 12 Controversies in Trade Policy 57
Overview of Section III: Exchange Rates and Open-Economy Macroeconomics
61
Chapter 13 National Income Accounting and the Balance of Payments 63
Chapter 14 Exchange Rates and the Foreign Exchange Market: An Asset Approach
69
Chapter 15 Money, Interest Rates, and Exchange Rates 76
Chapter 16 Price Levels and the Exchange Rate in the Long Run 82
Chapter 17 Output and the Exchange Rate in the Short Run 88
Chapter 18 Fixed Exchange Rates and Foreign Exchange Intervention 96
Overview of Section IV: International Macroeconomic Policy 105
Chapter 19 International Monetary Systems: An Historical Overview 107
Chapter 20 Optimum Currency Areas and the European Experience 115
