This Handbook adopts a traditional definition of the subject, and focuses primarily on the explanation of international transactions in goods, services, and assets, and on the main domestic effects of those transactions. The first volume deals with the "real side" of international economics. It is concerned with the explanation of trade and factor flows, with their main effects on goods and factor prices, on the allocation of resources and income distribution and on economic welfare, and also with the effects on national policies designed explicitly to influence trade and factor flows. In...

This Handbook adopts a traditional definition of the subject, and focuses primarily on the explanation of international transactions in goods, services, and assets, and on the main domestic effects of those transactions. The first volume deals with the "real side" of international economics. It is concerned with the explanation of trade and factor flows, with their main effects on goods and factor prices, on the allocation of resources and income distribution and on economic welfare, and also with the effects on national policies designed explicitly to influence trade and factor flows. In...

"People tend to do pretty drastic things when they come to the conclusion that there is nothing left to fear. I wasn't always like that, and I still may not be like that at all. With her gone, something changed. An emptiness that I never knew possible came through like a train you never see coming, and I never saw it coming." When Mike Lake's wife unexpectedly passed away, he needed a change to help overcome his despair. He chose to hit the open road with his faithful dog, Bahama, as his co-pilot. During his travels, Mike rekindled with estranged family members, soaked up some sun in the...