International Economics / Edition 4

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1995 Hard cover 4th ed. New. No dust jacket as issued. Sewn binding. Cloth over boards. 576 p. Audience: General/trade.

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This updated, student-friendly revision covers all the recent controversies over international economic policy. Uses actual examples, graphs and articles to illustrate concepts and theory. Differences in legal systems, international licensing of technology, imperfect competition and scale economies, cartels, export tariffs, NAFTA, the rapid growth of Asian-based MNCs, forward rate determination, Mexico's peso crisis, reverberations and the foreign trade multiplier are among the topics covered.
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Product Details

  • ISBN-13: 9780471116691
  • Publisher: Wiley, John & Sons, Incorporated
  • Publication date: 10/28/1995
  • Edition description: Older Edition
  • Edition number: 4
  • Pages: 576
  • Product dimensions: 7.64 (w) x 9.57 (h) x 1.10 (d)

Meet the Author

Robert M Dunn, Jr is Professor of Economics at the George Washington University, USA.
John H. Mutti is Sydney Meyer Professor of International Economics, Grinnell College, Iowa, USA.

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Table of Contents

List of figures
List of tables
List of boxes
List of exhibits
1 Introduction 1
Pt. 1 International trade and trade polity 15
2 Patterns of trade and the gains from trade: insights from classical theory 17
3 Trade between dissimilar countries: insights from the factor proportions theory 51
4 Trade between similar countries: implications of decreasing costs and imperfect competition 82
5 The theory of protection: tariffs and other barriers to trade 109
6 Arguments for protection and the political economy of trade policy 140
7 Regional blocs: preferential trade liberalization 167
8 Commercial policy: history and recent controversies 184
9 International mobility of labor and capital 205
10 Trade and growth 223
11 Issues of international public economics 242
Pt. 2 International finance and open economy macroeconomics 263
12 Balance-of-payments accounting 267
13 Markets for foreign exchange 293
14 International derivatives: foreign exchange forwards, futures, and options 312
15 Alternative models of balance-of-payments or exchange-rate determination 329
16 Payments adjustment with fixed exchange rates 352
17 Balance-of-payments adjustment through exchange rate changes 377
18 Open economy macroeconomics with fixed exchange rates 403
19 The theory of flexible exchange rates 430
20 The international monetary system: history and current controversies 455
Glossary 496
Index 510
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