International Economics

ISBN-13: 9781119667520 / Angielski / Miękka / 2019 / 720 str.

Dominick Salvatore

Spis treści

1 Introduction 1Part 1 International Trade Theory2 The Law of Comparative Advantage 293 The Standard Theory of International Trade 534 Demand and Supply, Offer Curves, and the Terms of Trade 775 Factor Endowments and the Heckscher-Ohlin Theory 996 Economies of Scale, Imperfect Competition, and International Trade 1387 Economic Growth and International Trade 166Part 2 International Trade Policy8 Trade Restrictions: Tariffs 1959 Nontariff Trade Barriers and the New Protectionism 22610 Economic Integration: Customs Unions and Free Trade Areas 26211 International Trade and Economic Development 28912 International Resource Movements and Multinational Corporations 319Part 3 The Balance of Payments, Foreign Exchange Markets, and Exchange Rates13 Balance of Payments 34714 Foreign Exchange Markets and Exchange Rates 36615 Exchange Rate Determination 401Part 4 Open-Economy Macroeconomics and the International Monetary System16 The Price Adjustment Mechanism with Flexible and Fixed Exchange Rates 43717 The Income Adjustment Mechanism and Synthesis of Automatic Adjustments 46418 Open-Economy Macroeconomics: Adjustment Policies 49119 Prices and Output in an Open Economy: Aggregate Demand and Aggregate Supply 52820 Flexible versus Fixed Exchange Rates, the European Monetary System, and Macroeconomic Policy Coordination 55221 The International Monetary System: Past, Present, and Future 586Answers to Selected ProblemsGlossary of Key Terms G-1Name Index I-1Subject Index I-5