International Economics / Edition 14

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This classic text has remained a market leader for over 30 years because it covers all the conventional areas of international economics in an easy-to-understand manner. The 11th edition has been thoroughly revised and it continues to be accessible,flexible,and interesting to economics and business majors alike. Like earlier editions,it also places international economics events within an historical framework. The overall treatment continues to be intuitive rather than mathematical and is strongly oriented towards policy. Peter Lindert was recently awarded the University of California-Davis' Prize for Undergraduate Teaching and Scholarly Achievement.
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Product Details

  • ISBN-13: 9780073375755
  • Publisher: McGraw-Hill Companies, The
  • Publication date: 11/13/2008
  • Edition description: Older Edition
  • Edition number: 14
  • Pages: 784
  • Product dimensions: 7.60 (w) x 9.30 (h) x 1.30 (d)

Meet the Author

Thomas Pugel (Upper Montclair, NJ) is professor of economics at New York University’s Stern School of Business.

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Table of Contents

Ch. 1 International economics is different 1
Pt. 1 The theory of international trade 15
Ch. 2 The basic theory using demand and supply 17
Ch. 3 Why everybody trades : comparative advantage and factor proportions 35
Ch. 4 Who gains and who loses from trade? 69
Ch. 5 Alternative theories of trade 91
Ch. 6 Growth and trade 111
Pt. 2 Trade policy 131
Ch. 7 Analysis of a tariff 133
Ch. 8 Nontariff barriers to imports 153
Ch. 9 Arguments for and against protection 185
Ch. 10 Pushing exports 217
Ch. 11 Trade blocs and trade blocks 247
Ch. 12 Trade and the environment 273
Ch. 13 Trade policies for developing and transition countries 309
Ch. 14 Multinationals and migration : international factor movements 339
Pt. 3 Understanding foreign exchange 375
Ch. 15 Payments among nations 377
Ch. 16 The foreign exchange market 399
Ch. 17 Forword exchange and international financial investment 417
Ch. 18 What determines exchange rates? 445
Ch. 19 Government policies toward the foreign exchange market 479
Ch. 20 International lending and financial crises 517
Pt. 4 Macro policies for open economies 551
Ch. 21 How does the open macroeconomy work? 553
Ch. 22 Internal and external balance with fixed exchange rates 581
Ch. 23 Floating exchange rates and internal balance 621
Ch. 24 National and global choices : floating rates and the alternatives 643
App. A The web and the library : international numbers and other information 673
App. B Deriving production-possibility curves 679
App. C Offer curves 685
App. D The nationally optimal tarriff 689
App. E Many parities at once 695
App. F Aggregate demand and aggregate supply in the open economy 699
App. G Devaluation and the current account balance 711
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