International economics : theory and policy

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Bibliographic Information

International economics : theory and policy

Paul R. Krugman, Maurice Obstfeld

Harper Collins College Publishers, c1994

3rd ed

Available at  / 71 libraries

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Note

Includes bibliographical references and index

Description and Table of Contents

Description

Using a step-by-step approach, the text builds a unified framework international economics. It includes three new chapters covering regional economic issues (including location theory), optimum currency areas and the European Community, and the problems of former communist countries in the transition to a market economy. Topical new applications include the US oilseed dispute with Europe, the BCCI scandal, Third-World debt forgiveness and "1980-1993 - disinflation, recovery and the global slump".

Table of Contents

  • Part 1 Introduction: international trade theory
  • labour productivity and comparative advantage - the Ricardian model
  • specific factors and income distribution
  • resources and trade - the Heckscher-Ohlin model
  • the standard trade model
  • economics of scale, imperfect competition and international trade
  • international factor movements. Part 2 International trade policy: regional economics issues
  • the instruments of trade policy
  • the political economy of trade policy
  • trade policy in developing countries
  • industrial policy in advanced countries. Part 3 Exchange rates and open-economy: national income accounting and the balance of payments
  • exchange rates and the foreign-exchange market - an asset approach
  • money, interest rates and exchange rates
  • price levels and the exchange rate in the long run
  • output and the exchange rate in the short run.

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