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International Economics / Edition 1
     

International Economics / Edition 1

by W. Charles Sawyer, Richard L. Sprinkle
 

ISBN-10: 0130172766

ISBN-13: 9780130172761

Pub. Date: 12/10/2002

Publisher: Prentice Hall

This easy-to-read book emphasizes how to use basic economic theory and where to apply it to international economic issues. It empowers readers to understand the international economics they will encounter in business publications such as the Wall Street Journal, and to use international economics

Overview

This easy-to-read book emphasizes how to use basic economic theory and where to apply it to international economic issues. It empowers readers to understand the international economics they will encounter in business publications such as the Wall Street Journal, and to use international economics to make business decisions. The first half of the book covers international trade, factor movements, and trade and economic development; the final ten chapters on international finance can be divided into at least three parts: national income accounting and exchange rate determination; purchasing power parity and the real exchange rate; and open economy macroeconomics. A useful reference for government officials dealing with international trade and finance issues, and for private citizens who want to learn more about the effect of international economics on business in the 21st century.

Product Details

ISBN-13:
9780130172761
Publisher:
Prentice Hall
Publication date:
12/10/2002
Series:
Prentice-Hall Series in Economics
Edition description:
Older Edition
Pages:
444
Product dimensions:
7.92(w) x 8.98(h) x 0.95(d)

Table of Contents

  1. Introduction: An Overview of the World Economy.

 

  2. Why Countries Trade.

 

  3. Factor Endowments and the Commodity Composition of Trade.

 

  4. Intraindustry Trade.

 

  5. International Factor Movements.

 

  6. Tariffs.

 

  7. Nontariff Distortions to Trade.

 

  8. International Trade Policy.

 

  9. Regional Economic Agreements.

 

10. International Trade and Economic Growth.

 

11. National Income Accounting and the Balance of Payments.

 

12.International Transactions and Financial Markets.

 

13. Exchange Rates and Their Determination: A Basic Model.

 

14. Money, Interest Rates, and the Exchange Rate.

 

15. Price Levels and the Exchange Rate in the Long Run.

 

16. Output and the Exchange Rate in the Short Run.

 

17. Macroeconomic Policy and Floating Exchange Rates.

 

18. Fixed Exchange Rates and Currency Unions.

 

19. International Monetary Arrangements.

 

20. Capital Flows and the Developing Countries.

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