International economics

Author(s)

Bibliographic Information

International economics

Thomas A. Pugel, Peter H. Lindert

Irwin McGraw-Hill, c2000

11th ed

  • (International ed.)

Available at  / 17 libraries

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Note

Previous ed.: c1996

Includes bibliographical references (p. 690-700) and index

Description and Table of Contents

Description

This text covers all the conventional areas of international economics in an easy-to-understand manner, and this thoroughly revised edition continues to be accessible, flexible, and interesting to economics and business students alike.

Table of Contents

  • International economics is different. Part 1 The theory of international trade: the basic theory of international trade - demand and supply
  • why everybody trades - comparative advantage and factor proportions
  • who gains and who loses from trade? growth and trade
  • alternative theories of trade. Part 2 Trade policy: the basic analysis of a tariff
  • non-tariff barriers to imports
  • arguments for and against protection
  • pushing exports
  • trade blocs and trade blocks
  • trade and the environment
  • trade policies for developing and transition countries
  • the political economy of trade and agriculture. Part 3 Understanding foreign exchange: payments among nations
  • the foreign exchange market
  • forward exchange
  • what determines exchange rates in the long run? what determines exchange rates in the short run? government policies toward the foreign exchange market. Part 4 Macro policies for open economics: how does the open macroeconomy work? internal and external balance with fixed exchange rates
  • floating exchange rates and internal balance
  • national and global choices -floating rates and the alternatives. Part 5 factor movements: the international movement of labour
  • international lending and financial crises
  • direct foreign investment and the multinationals. Appendices: where the international numbers are
  • deriving production possibilities curves
  • offer curve
  • the nationally optimal tariff
  • the monopoly effect of a quota
  • many parities at once
  • devaluation and the trade balance.

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