World Trade and Payments: An Introduction / Edition 8

World Trade and Payments: An Introduction / Edition 8

by Richard E. Caves, Ronald W. Jones, Jeffrey A. Frankel, Jeffrey A. Frankel
     
 

ISBN-10: 0321031423

ISBN-13: 9780321031426

Pub. Date: 10/26/1998

Publisher: Addison-Wesley

Renowned for its precise, in-depth coverage of international trade and finance, World Trade and Payments features a balance of the latest research, critical policy issues, and sophisticated economic analysis. The Tenth Edition includes a new chapter that explains trade patterns and income distribution, and subsequent chapters place a greater emphasis on microeconomic…  See more details below

Overview

Renowned for its precise, in-depth coverage of international trade and finance, World Trade and Payments features a balance of the latest research, critical policy issues, and sophisticated economic analysis. The Tenth Edition includes a new chapter that explains trade patterns and income distribution, and subsequent chapters place a greater emphasis on microeconomic examination of recent macroeconomic topics.

Product Details

ISBN-13:
9780321031426
Publisher:
Addison-Wesley
Publication date:
10/26/1998
Edition description:
Older Edition
Pages:
588
Product dimensions:
7.73(w) x 9.45(h) x 1.20(d)

Table of Contents

Ch. 1Introduction1
Ch. 2The gains from trade13
Ch. 3Applications of the basic model37
Ch. 4Technology and international income distribution : the ricardian model59
Ch. 5Factor endowments and trade I : the specific factors model79
Ch. 6Factor endowments and trade II : the Heckscher-Ohlin model95
Ch. 7Imperfect competition, increasing returns, and product variety121
Ch. 8Resource trade, outsourcing, and product fragmentation133
Ch. 9International factor movements : labor and capital151
Ch. 10Protection and the national welfare169
Ch. 11The political economy of protection187
Ch. 12Trade policy and imperfect competition203
Ch. 13Trade controls in practice227
Ch. 14Preferential arrangements and regional issues in trade policy245
Ch. 15The balance of payments accounts273
Ch. 16The foreign exchange market and trade elasticities291
Ch. 17National income and the trade balance307
Ch. 18Spending and the exchange rate in the Keynesian model327
Ch. 19The money supply, the price level, and the balance of payments353
Ch. 20Developing countries and other small open economies with nontraded goods391
Ch. 21The globalization of financial markets411
Ch. 22The Fundell-Fleming model with partial international capital mobility445
Ch. 23Fiscal and monetary policy under modern financial market conditions467
Ch. 24Crises in emerging markets489
Ch. 25Interdependence and policy coordination525
Ch. 26Supply and inflation543
Ch. 27Expectations, money, and the determination of the exchange rate573
Ch. 28Exchange rate forecasting and risk607

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