International Economics, 8th Edition / Edition 8

International Economics, 8th Edition / Edition 8

by Dominick Salvatore
     
 

ISBN-10: 0471230707

ISBN-13: 9780471230700

Pub. Date: 04/18/2003

Publisher: Wiley

Stay on top of constant change in the global economy!

Will the euro become the leading international currency? Is the U.S. trade deficit sustainable? Has terrorism slowed the process of globalization? Will China be the next economic superpower?

To keep up with the latest issues and controversies in international economics, you need a book that keeps

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Overview

Stay on top of constant change in the global economy!

Will the euro become the leading international currency? Is the U.S. trade deficit sustainable? Has terrorism slowed the process of globalization? Will China be the next economic superpower?

To keep up with the latest issues and controversies in international economics, you need a book that keeps the pace with our rapidly changing world. Thoroughly updated and revised, the Eighth Edition of Dominic Salvatore’s INTERNATIONAL ECONOMICS presents the crucial changes that have taken place recently in the world economy, from serious trade disputes among the United States, the European Union, Japan, and developing countries, to the introduction of the euro as the second most important international currency in the world.

Features

  • 120 real-world examples and applications demonstrate the immediate relevance of the material.

  • The text’s balanced presentation of policy controversies allows the reader to consider different sides of crucial issues.

  • INTERNATIONAL ECONOMICS first presents principles and theories at an intuitive level that’s easy to comprehend. Appendices provide more rigorous coverage.

  • INTERNet sections provide Web links to data sources, information, and analyses fir the topics presented in each chapter.

  • The book’s Web site presents additional examples, cases, and theoretical points, as well as constantly updated content.

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Product Details

ISBN-13:
9780471230700
Publisher:
Wiley
Publication date:
04/18/2003
Edition description:
Older Edition
Pages:
864
Product dimensions:
7.66(w) x 9.53(h) x 1.54(d)

Table of Contents

1. Introduction.

PART ONE: INTERNATIONAL TRADE THEORY.

2. The Law of Comparative Advantage.

3. The Standard Theory of International Trade.

4. Demand and Supply, Offer Curves, and the Terms of Trade.

5. Factor Endowments and the Heckscher-Ohlin Theory.

6. Economies of Scale, Imperfect Competition, and International Trade.

7. Economic Growth and International Trade.

PART TWO: INTERNATIONAL TRADE POLICY.

8. Trade Restrictions: Tariffs.

9. Nontariff Trade Barriers and the New Protectionism.

10. Economic Integration: Customs Unions and Free Trade Areas.

11. International Trade and Economic Development.

12. International Resource Movements and Multinational Corporations.

PART THREE: THE BALANCE OF PAYMENTS, FOREIGN MARKETS,  AND EXCHANGE RATES.

13. Balance of Payments.

14. Foreign Exchange Markets and Exchange Rates.

15. Exchange Rate Determination.

PART FOUR: OPEN ECONOMY—MACROECONOMICS AND THE INTERNATIONAL MONETARY SYSTEM.

16. The Price Adjustment Mechanism with Flexible and Fixed Exchange Rates.

17. The Income Adjustment Mechanism and Synthesis of Automatic Adjustments.

18. Open-Economy Macroeconomics: Adjustment Policies.

19. Prices and Output in an Open Economy: Aggregate Demand and Aggregate Supply.

20. Flexible versus Fixed Exchange Rates, the European Monetary System, and Macroeconomic Policy Coordination.

21. The International Monetary System: Past, Present, and Future.

Answers to Selected Problems.

Glossary of Key Terms.

Name Index.

Subject Index.

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