World Trade Payments

World Trade Payments

by Richard E. Caves, Jeffrey A. Frankel
     
 

This new edition of World Trade and Payments retains those features that have made it such a highly respected and successful text. Once again it offers clear coverage of sophisticated models supported by the latest empirical research, all made easily understandable by a wealth of issues and applications. In addition, new theoretical developments have been incorporated…  See more details below

Overview

This new edition of World Trade and Payments retains those features that have made it such a highly respected and successful text. Once again it offers clear coverage of sophisticated models supported by the latest empirical research, all made easily understandable by a wealth of issues and applications. In addition, new theoretical developments have been incorporated to keep the text up-to-date. The balanced coverage of trade and finance features updated material on the multinational enterprise, the political economy of trade controls, the outcome of the Uruguay Round of international tariff negotiations, and the new World Trade Organization. Also, there are entirely new discussions on the Eastern European economies in transition, trade policies, and the development of newly industrialized countries.

Editorial Reviews

Booknews
A text for a one-semester or longer course, with sections on the basic model of international trade; trade patterns, income distribution, and growth; theory and practice of commercial policy; money, income, and the balance of payments; international financial markets and their macroeconomic implications; and the determination of exchange rates in international asset markets. Pedagogical features include chapter summaries, problems, and discussion questions. Some chapters are followed by appendices explaining special topics. This eighth edition is streamlined, and contains new material on theoretical developments, multinational enterprise, and economies in transition. Annotation c. by Book News, Inc., Portland, Or.

Product Details

ISBN-13:
9780673522757
Publisher:
Addison-Wesley
Publication date:
10/01/1992

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